47 Lake StreetAvondale Heights VIC 3034
Property Details for 47 Lake St, Avondale Heights
Last Listing description (September 2026)
Positioned in one of Avondale Heights' most sought-after and tightly held streets, this remarkable 585sqm (approx.) allotment presents a rare opportunity to secure a substantial parcel of land with flexibility rarely found in today's market.
Currently improved with a partially completed dual-occupancy development, including framing and roofing works already commenced, the property is being offered as-is, providing buyers with the freedom to determine its future direction. Continue with the existing approved plans and permits, redesign to better suit your vision (STCA), or start afresh and create the dream family residence you've always imagined.
Importantly, the site is free from the Melbourne Airport Overlay, opening the door to a wider range of future development possibilities and providing greater flexibility for owner-builders, families and developers alike.
Whether you're seeking your next project, a premium development site, or a blank canvas in a blue-chip location, the opportunity here is undeniable. Land of this size and calibre is becoming increasingly difficult to secure, particularly within the heart of Avondale Heights.
Enjoy the convenience of being moments from Milleara Shopping Centre, Avondale Heights Shopping Centre, quality schools including Avondale Primary School and Essendon Keilor College, public transport, parklands, the Maribyrnong River precinct and easy freeway access.
Opportunities come and go, but a location like Lake Street is forever. Secure the land, explore the options, and create something truly special in one of Avondale Heights' premier addresses.
DAVID GIGLIOTTI - 0411 824 854
Property Code: 4042
Property History for 47 Lake St, Avondale Heights, VIC 3034
- 05 Sep 2026Sold for $960,000
- 31 Jul 2026Listed for Sale $800,000 - $880,000
- 23 Aug 2004Sold for $287,500
Recent sales nearby
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0About Avondale Heights 3034
The size of Avondale Heights is approximately 5.4 square kilometres. There are 28 parks, covering nearly 27.5% of the total area. The population of Avondale Heights in 2016 was 11633 people. By 2021 the population was 12388 showing a population growth of 6.5% in the area during that time. The predominant age group in Avondale Heights is 40-49 years. Households in Avondale Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Avondale Heights work in a professional occupation.In 2021, 75.80% of the homes in Avondale Heights were owner-occupied compared with 77.60% in 2016.
Avondale Heights has 5,692 properties. Over the last 5 years, Houses in Avondale Heights have seen a 6.53% increase in median value, while Units have seen a 13.75% increase. As at 31 August 2026:
- The median value for Houses in Avondale Heights is $1,063,619 while the median value for Units is $788,163.
- Houses have a median rent of $598 while Units have a median rent of $640.
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