OFF MARKET

1 Orr Court
Laverton VIC 3028

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 89m2
Land area: 791m2
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Property Details for 1 Orr Ct, Laverton

1 Orr Ct, Laverton is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1960. The property has a land size of 791m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1960
Floor Size
89m2
Land Size
791m2
Local Government
Hobsons Bay
Lot/Plan
115/LP66392

Last Listing description (February 2020)

THREE DWELLING DEVELOPMENT SITE (approx.) - ATTN INVESTORS, BUILDERS & DEVELOPERS!



A fantastic opportunity has presented itself in one of Melbourne fastest growth pockets to secure this tightly held residence situated on an expansive block ripe for the development of three dwellings (STCA).



A recipe for growth nearby a selection of schools, local shops, public transport including Laverton Train Station and a stone's throw from freeway access making transit to the CBD a breeze!



The existing home is well-appointed consisting of

:

- 3 Spacious Bedrooms with built-in robes

- Well-appointed Kitchen and Meals Area

- Central Bathroom

- Separate Toilet & Laundry

- Generous sized Living Area

- Side access leading to an expansive garage which could easily be converted into a workshop and/or mancave



An ideal investment currently leased with a potential income of approx. $15,120 per annum



All offers will be considered - Be quick!

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Property History for 1 Orr Ct, Laverton, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$607,000
06 Dec 2019
Listed for Rent
$275/w
04 Mar 2016
  • 06 Dec 2019
    Sold for $607,000
  • 25 Nov 2019
    Listed for Sale Under Contract
  • 05 Mar 2018
    Listed for Rent - Price not available
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About Laverton 3028

The size of Laverton is approximately 3.8 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Laverton in 2011 was 4,064 people. By 2016 the population was 4,901 showing a population growth of 20.6% in the area during that time. The predominant age group in Laverton is 20-29 years. Households in Laverton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Laverton work in a labourer occupation. In 2011, 54.2% of the homes in Laverton were owner-occupied compared with 48.7% in 2016.

Laverton has 2,893 properties. Over the last 5 years, Houses in Laverton have seen a 9.32% increase in median value, while Units have seen a 12.51% increase. As at 30 November 2024:

  • The median value for Houses in Laverton is $656,250 while the median value for Units is $505,480.
  • Houses have a median rent of $445 while Units have a median rent of $485.
There are currently 24 properties listed for sale, and 13 properties listed for rent in Laverton on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Laverton.

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