SOLD
Sold on 08 Feb 2024 for $540,000

88 Tyquin Street
Laverton VIC 3028

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 534m2
Sold By
Save

Property Details for 88 Tyquin St, Laverton

88 Tyquin St, Laverton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 534m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Laverton in the last 12 months.

Building Type
House
Floor Size
107m2
Land Size
534m2
Local Government
Hobsons Bay
Lot/Plan
71/LP87705

Last Listing description (April 2024)

88 Tyquin Street is a charming brick veneer house located in the desirable suburb of Laverton. Situated on a generous 534m2 block of land, this property offers an excellent opportunity for investors and developers alike. Currently tenanted on a month-to-month lease, this property presents a versatile option with potential for immediate rental income or future development.
Key Features:
1. Bedrooms: This property boasts three well-proportioned bedrooms, providing ample accommodation for a small to medium-sized family or tenants. The bedrooms offer comfortable living spaces with the potential for customization according to personal preferences.

2. Land Size: With a substantial land size of 534m2, this property offers various possibilities for expansion and development. The large block provides ample space for outdoor activities, landscaping, or potential future construction.
3. Current Tenancy: Currently, the property is tenanted on a month-to-month lease, making it an attractive option for investors seeking immediate rental income. The current rental yield stands at $1304 per calendar month, offering a steady return on investment.
4. Development Potential: One of the standout features of this property is its town planning permit to construct three dwellings. This permit opens exciting possibilities for developers looking to maximize the potential of the land. With the opportunity to create multiple residences, this property offers excellent prospects for those interested in capitalizing on the demand for housing in the area.
Location: The benefit from its convenient location offers a peaceful suburban environment while being near essential amenities and transportation options. Residents can enjoy easy access to local schools, parks, shopping centres, and public transport, enhancing the overall appeal of the property.
In conclusion, 88 Tyquin Street, Laverton, presents an exceptional investment opportunity. Don't miss the chance to explore the numerous possibilities this property has to offer.

Property History for 88 Tyquin St, Laverton, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$540,000
08 Feb 2024
Listed for Rent
$300/w
11 Aug 2021
  • 08 Feb 2024
    Sold for $540,000
  • 11 Jul 2023
    Listed for Sale $520,000 - $560,000
  • 21 Jun 2021
    Listed for Rent $300 / week
Sign in to see more transactions

Commute Calculator

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 21 properties listed for rent in Laverton on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Laverton.

Suburb Insights for Laverton 3028

Market Insights
Laverton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Laverton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Michael Tsigeridis
Show contact details
Saade Ghazi
Show contact details
Hunter French Real Estate
Preferred contact:
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.