OFF MARKET

3/115 Derrick Street
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
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Property Details for 3/115 Derrick St, Lalor

3/115 Derrick St, Lalor is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 117m2.

Building Type
Unit
Year Built
2014
Floor Size
117m2
Local Government
Whittlesea

Last Listing description (April 2017)

Be quick to secure one of these double storey townhouses, Offering high quality inclusions & close proximity to local shops, schools, transport and within easy access to The Western Ring Road. Each townhouse comprises of 3 large bedrooms with built in robes (main with walkin robe & full ensuite), Open plan living, 3 toilets, polished floor boards, large gourmet kitchen with ceaser stone bench tops, ducted heating & cooling, remote control garage, own separate driveways, No owners corporation fees and a generous sized court yard. The quicker you buy, the more you save on stamp duty. This makes an Ideal purchase for a first home buyer looking to take advantage of the first Home owners grant or an investor looking to take advantage of the high rental returns.

Property History for 3/115 Derrick St, Lalor, VIC 3075

A timeline of how this property has performed in the market
Listed for Rent
$370/w
15 Jan 2015
  • 12 Aug 2015
    Listed for Sale Price on Application
  • 27 Oct 2014
    Listed for Rent $370 / week
  • 20 Mar 2014
    Listed for Sale PRICE ON APPLICATION

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About Lalor 3075

The size of Lalor is approximately 9.3 square kilometres. It has 27 parks covering nearly 11.6% of total area. The population of Lalor in 2011 was 19,873 people. By 2016 the population was 22,612 showing a population growth of 13.8% in the area during that time. The predominant age group in Lalor is 30-39 years. Households in Lalor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lalor work in a trades occupation. In 2011, 73.6% of the homes in Lalor were owner-occupied compared with 70.6% in 2016.

Lalor has 9,961 properties. Over the last 5 years, Houses in Lalor have seen a 15.61% increase in median value, while Units have seen a 20.23% increase. As at 31 October 2024:

  • The median value for Houses in Lalor is $688,714 while the median value for Units is $505,266.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 62 properties listed for sale, and 34 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in Lalor.

Suburb Insights for Lalor 3075

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.