78 French StreetLalor VIC 3075
Property Details for 78 French St, Lalor
78 French St, Lalor is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 771m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (October 2023)
Dare to dream of what you are able to create on this first-class development site. This beautiful three-bedroom family home is in the most enviable location in Lalor. Whether you're a first home buyer, savvy investor, keen renovator or a developer looking for their next exciting project this substantial family home sitting on a generous allotment of approx 765 sqm, situated in a great lifestyle location, with the convenience of having everything you need, all within close proximity. With endless possibilities STCA, this is a great opportunity to purchase a property that will provide sound capital growth.
Comprising a traditional floor plan, formal lounge room with gas heater, 3 good sized bedrooms, kitchen with gas stove, meals area, central family bathroom, solar panels and separate laundry. Property has potential of 2 rental incomes with an estimate of $680 - $720/week for front house and rear unit.
Walking distance to Lalor train station, Rochdale Square shops, Peter Lalor Mall, coles, the vibrant and multi-cultural hub of Station St/ May Rd, local primary and secondary schools, recreational parklands and sporting facilities. Easy access to Epping Plaza, Costco and the M80 Ring Road Network for that extra commuting convenience to the CBD or out to Melbourne Airport.
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
Property History for 78 French St, Lalor, VIC 3075
- 27 Apr 2022Listed for Sale Price on Application
- 02 Jul 2018Sold for $585,000
- 26 May 2017Listed for Sale Sold $685,000
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0About 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 9,936 properties. Over the last 5 years, Houses in Lalor have seen a 21.03% increase in median value, while Units have seen a 24.33% increase. As at 31 August 2024:
- The median value for Houses in Lalor is $686,850 while the median value for Units is $503,304.
- Houses have a median rent of $500 while Units have a median rent of $450.
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