SOLD
RECENT ADVICE
Sold on 23 Jul 2024 for $600,000

14 Ulm Street
Laverton VIC 3028

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 14 Ulm St, Laverton

14 Ulm St, Laverton is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Laverton in the last 12 months.

Building Type
House
Local Government
Hobsons Bay
Lot/Plan
471/LP54795

Last Listing description (July 2024)

Ace Real Estate is proud to present 14 Ulm Street, Laverton. Located right in the heart of Laverton this three-bedroom house is fantastic for Investors or Developers. Home comprising of 3 spacious bedrooms, spacious lounge, central bathroom, bright kitchen, laundry, ducted heating/cooling, low maintenance front and rear yard on a large allotment. Currently rented at $370/week and securely leased till April 2024.

Key Features
- Multi-Unit development site subject to council approval

- Central Laverton location
- Ideal for developers, investors, builders to develop subject to council approval

Options:
- Keep the existing home, earn a good rental return and build later.
- Build & start your rental portfolio
- Live in 1 & rent the others
- Rent all
- Sell all or sell one

Enviable location with an easy stroll to Laverton train station, local shops, parks, schools and easy access to freeways. This substantial parcel of land has potential for extensions, redevelop or subdivide and build multi units (STCA).

A rare opportunity not to be missed in this fast moving area, come take a closer look, do the maths and invest in your future!

(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)

ACE TEAM welcomes you and looks forward to meeting you at the opens.
NOTE: Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Note: All Dimensions, Sizes n Layout are approximately. The producer or agent cannot be held responsible for any errors , omissions or misstatements. The plan & pics are for Illustrative purposes only & should be used as such.

Property History for 14 Ulm St, Laverton, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$600,000
23 Jul 2024
Listed for Rent
$370/w
24 Mar 2023
  • 23 Jul 2024
    Sold for $600,000
  • 25 Jun 2024
    Sold for $600,000
  • 24 Mar 2023
    Listed for Rent $370 / week
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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 2,851 properties. Over the last 5 years, Houses in Laverton have seen a 11.88% increase in median value, while Units have seen a 12.34% increase. As at 31 July 2024:

  • The median value for Houses in Laverton is $663,916 while the median value for Units is $491,245.
  • Houses have a median rent of $430 while Units have a median rent of $483.
There are currently 39 properties listed for sale, and 15 properties listed for rent in Laverton on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Laverton.

Suburb Insights for Laverton 3028

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Sumit Miglani
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Sunil Singh
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Ace Real Estate
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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.