OFF MARKET

40 Cyprus Street
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 120m2
Land area: 657m2
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Property Details for 40 Cyprus St, Lalor

40 Cyprus St, Lalor is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 657m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1965
Floor Size
120m2
Land Size
657m2
Local Government
Whittlesea
Lot/Plan
104/LP40752

Last Listing description (December 2022)

Offering a position in arguably Lalor's best street this home offers an array of opportunities with approved plans for 2 townhomes all set on 654 sqm (approx).

Only moments from Station Street and May Road shops providing quick and easy access to supermarkets, cafes, restaurants, doctors and much more, along with Lalor & Thomastown Train Stations, St Lukes Primary School and much more.

The home itself offers 3 bedrooms, updated kitchen and bathroom, separate living area, meals area, stainless steel kitchen appliances, a separate brick lockup garage and an expansive yard area. Additional features include hardwood timber floors, side driveway and heating & cooling.

The property is currently leased on a month to month basis returning approximately $1,560 pcm.

The approved plans offer the opportunity to construct a duplex with each townhome offering:

Lock Up Garage

Study Nook

Seperate Laundry

Powder Room

Theatre Room / 4th Bedroom

Open Plan Kitchen, Meals and Living Area

Alfresco

Master Bedroom with WIR and Ensuite

2 Additional Bedrooms, both with BIR's

Separate Toilet and Central Bathroom with Shower, Vanity and Bathtub

Retret

Townhome 1 is approximately 28.29sq's & townhome 2 is approximately 28.21sq's

Enquire today to find out more about the existing home or plans and secure this opportunity today.

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Property History for 40 Cyprus St, Lalor, VIC 3075

A timeline of how this property has performed in the market
Last Sold
$840,000
11 Feb 2022
Listed for Rent
$360/w
16 Dec 2019
  • 11 Feb 2022
    Sold for $840,000
  • 17 Jan 2022
    Listed for Sale Sold Before Auction
  • 04 Dec 2019
    Listed for Rent - Price not available
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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 9,935 properties. Over the last 5 years, Houses in Lalor have seen a 18.96% increase in median value, while Units have seen a 20.43% increase. As at 30 September 2024:

  • The median value for Houses in Lalor is $689,075 while the median value for Units is $500,001.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 59 properties listed for sale, and 28 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Lalor.

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