SOLD
Sold on 13 Aug 2024 for $581,500

5 Heffernan Street
Laverton VIC 3028

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 91m2
Land area: 587m2
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Property Details for 5 Heffernan St, Laverton

5 Heffernan St, Laverton is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 587m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Laverton in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
91m2
Land Size
587m2
Local Government
Hobsons Bay
Lot/Plan
293/LP54795

Last Listing description (September 2024)

Ace Real Estate is proud to present 5 Heffernan Street, Laverton. A fantastic opportunity for all first-time investors, renovators and developers as this is a great location with 3bed home that offers options for future development (STCA) and is just minutes away to the Laverton Train Station.

The property needs renovations and comprises of:
3 bedrooms

Generous size lounge upon entry
Spacious kitchen with loads of cupboard space
Central bathroom & Separate toilet
Separate laundry
Double carport
Potential multi-unit development site (S.T.C.A)
Low maintenance front and back yard with shed

Options:
- Renovate the existing home, Live in or earn a great rental return
- Demolish & Built Multi-Units (STCA)
- Build & start your rental portfolio
- Live in 1 & rent the others
- Sell all or sell one

This fantastic property is located in the heart of booming Laverton. Not often does such an exciting opportunity arise to acquire such a perfect development (STCA) parcel of real estate.

Situated in most convenient location of Laverton with easy access to freeways & only 20 minutes from CBD and minutes' walk from schools, Local shops, Medical Centre and Laverton Train station, This substantial parcel of land has potential for renovations, 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 INSPECTIONS)

ACE TEAM welcomes you and looks forward to meeting you at the inspections.

NOTE: Link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All Dimensions, Sizes & 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.

PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice. Please check with the agent or online on the day of Inspection.

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Property History for 5 Heffernan St, Laverton, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$581,500
13 Aug 2024
Listed for Rent
$280/w
23 Jul 2021
  • 20 Aug 2024
    Listed for Sale UNDER CONTRACT
  • 13 Aug 2024
    Sold for $581,500
  • 29 Jun 2021
    Listed for Rent $280 / 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 2,886 properties. Over the last 5 years, Houses in Laverton have seen a 7.57% increase in median value, while Units have seen a 16.96% increase. As at 31 October 2024:

  • The median value for Houses in Laverton is $650,464 while the median value for Units is $518,007.
  • Houses have a median rent of $440 while Units have a median rent of $495.
There are currently 37 properties listed for sale, and 23 properties listed for rent in Laverton on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Laverton.

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