5 Franklin Road, Lalor, VIC 3075 | House for sale | OnTheHouse
 
FOR SALE
AUCTION $740,000 - $814,000

5 Franklin Road
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 562m2
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Sat 19 Sep 11:45 am
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Renovated Family Home

Renovated and turn key ready, you'll not want to miss out on this exceptional home. Set on a 562m² rectangular allotment with a 15.7m frontage, it combines a well-resolved three-bedroom floorplan, a substantial central living zone, quality renovations and an outdoor layout that gives the property far more flexibility than its traditional façade might suggest.
The floorplan is particularly well considered. Three bedrooms are positioned together along one side of the home, creating a defined private zone, while the main living areas occupy the opposite side. All bedrooms feature built-in storage and are well proportioned. A central bathroom services the accommodation, with the laundry discreetly positioned alongside the kitchen.
At the heart of the home is an impressive dining and living area, where vaulted ceilings introduce height, natural light and a distinctly architectural feel. This is not simply a passage between rooms; it is a substantial living environment with the scale to accommodate both dining and everyday relaxation without either feeling compromised.
The renovated two-tone kitchen sits directly alongside this space, creating a natural connection between preparation, dining and living. Gas cooking, a deep sink and breakfast bar bring practical detail to a kitchen that is visually connected to the heart of the home. From here, doors open towards the deck, extending the living zone outdoors and creating a particularly strong flow through the property.
Throughout the hallway, living areas and bedrooms, floorboards provide a consistent finish that complements the home's renovated interiors.
The bathroom takes a different approach, with floor-to-ceiling tiles, a deep soaker tub and quality finishes creating a polished, spa-inspired space. It is a renovation that adds a sense of refinement without losing sight of the home's established character.
Outside, the property reveals another of its strengths. A substantial paved pergola and carport sits alongside the residence, providing an impressive covered area for outdoor use while the roller door adds security and privacy. The rear yard retains valuable open space, with lawn, an established tree and room for a veggie patch. It is a genuine backyard rather than simply an area left over from the house.
Beyond that sits the separate garage and studio arrangement, adding a valuable dimension to the property. The garage is accompanied by a studio and additional space, creating a valuable zone away from the main residence. For a household needing a home office, creative room, recreational area, teenager's space or simply somewhere to work away from the main house, this separation is a significant advantage.
Ducted heating and a split system provide year-round climate control for optimal comfort.
The location reinforces the appeal. Local shops, services, schools and parklands are within walking distance, placing the everyday essentials of established suburban living close to the front door. Major shopping centres, hospital facilities, freeway connections and train services providing access towards Melbourne are all only a short drive away, with the CBD approximately 30 minutes by train.
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Property Details for 5 Franklin Rd, Lalor

5 Franklin Rd, Lalor is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 562m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
562m2
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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 10,106 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 52 properties listed for sale, and 24 properties listed for rent in Lalor on OnTheHouse. According to Cotality's data, 398 properties were sold in the past 12 months in Lalor.

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Mario Tucci
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Harcourts Rata & Co
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