48 Derrick Street, Lalor, VIC 3075 | House for sale | OnTheHouse
 
FOR SALE
$700,000 - $750,000

48 Derrick Street
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Endless Potential in Prime Lalor Location

An exciting opportunity awaits with this generous 695sqm (approx.) parcel of land, ideally located in the heart of highly sought-after Lalor. Whether you're looking to develop, invest, or build your dream home (STCA), this property presents incredible versatility and future promise.
The current home features three spacious bedrooms, a central bathroom, and a functional floorplan that offers comfortable living or rental potential while you plan your next step.
Perfectly positioned just moments from local primary and secondary schools, Lalor Station, parklands, cafes, restaurants, and a wide range of amenities-convenience and lifestyle are truly at your doorstep.
Opportunities like this are rare-secure your future in one of Lalor's most vibrant and well-connected communities. Enquire today and imagine the possibilities!
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
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Property Details for 48 Derrick St, Lalor

48 Derrick St, Lalor is a 3 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with Harcourts Rata & Co.

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About Lalor 3075

The size of Lalor is approximately 9.3 square kilometres. It has 27 parks covering nearly 11.6% of 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 10,088 properties. Over the last 5 years, Houses in Lalor have seen a 20.40% increase in median value, while Units have seen a 25.96% increase. As at 30 November 2025:

  • The median value for Houses in Lalor is $779,233 while the median value for Units is $547,028.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 46 properties listed for sale, and 35 properties listed for rent in Lalor on OnTheHouse. According to Cotality's data, 410 properties were sold in the past 12 months in Lalor.

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Con Tsalkos
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Peter Lazov
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Harcourts Rata & Co
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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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