21 Menzies Parade, Lalor, VIC 3075 | House for sale | OnTheHouse
 
FOR SALE
$800,000 - $880,000

21 Menzies Parade
Lalor VIC 3075

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 535m2
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Council-Approved Dual Income Returning $900 Per Week

Whether you're an astute investor chasing instant cash flow or a family looking to live in one and lease the other, this property delivers what so many "dual income" listings won't. A second dwelling that is Completely council approved. That single detail changes everything - it means legitimate, insurable, bank friendly rental income from both residences, with a combined return of $900 per week.
The main residence is a charming three bedroom home offering an ideal blend of comfort, style and everyday convenience. Boasting a spacious, light filled layout with beautiful hardwood flooring throughout, it enjoys a warm and inviting atmosphere from the moment you step inside. The well appointed kitchen is generous in storage and perfect for cooking and entertaining, while the modern bathroom has been thoughtfully designed as a fresh, practical space to unwind. A double garage completes the package.
To the rear, and accessed independently via its own side gates, sits the fully self contained, council approved one bedroom granny flat, complete with its own kitchenette, bathroom, laundry and living space, and leased entirely separately from the main house. Two tenancies, two incomes, zero crossover and full peace of mind that the whole arrangement is signed off and compliant.
Step outside and enjoy the peaceful surrounds, with lovely walkways and pathways wrapping the property, perfect for relaxing strolls or simply enjoying the outdoors.
Positioned just moments from local shops, reputable schools, park lands, Lalor station, the local shopping strip and easy freeway access all within minutes. Everything you need is within easy reach.
Don't miss a rare opportunity like this to secure a permitted dual income property. Inquire today!
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Property Details for 21 Menzies Pde, Lalor

21 Menzies Pde, Lalor is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 535m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
535m2
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About Lalor 3075

The size of Lalor is approximately 9.3 square kilometres. There are 27 parks, covering nearly 11.6% of the total area. The population of Lalor in 2016 was 22594 people. By 2021 the population was 23219 showing a population growth of 2.8% 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 professional occupation.In 2021, 69.50% of the homes in Lalor were owner-occupied compared with 70.60% in 2016.

Lalor has 10,101 properties. Over the last 5 years, Houses in Lalor have seen a 9.73% increase in median value, while Units have seen a 21.07% increase. As at 31 July 2026:

  • The median value for Houses in Lalor is $769,979 while the median value for Units is $559,752.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 49 properties listed for sale, and 25 properties listed for rent in Lalor on OnTheHouse. According to Cotality's data, 396 properties were sold in the past 12 months in Lalor.

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Julian Vocale
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Robert Ozzimo
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Harcourts Rata & Co
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