10 Ruthven CrescentLalor VIC 3075
Property Details for 10 Ruthven Cres, Lalor
Last Listing description (April 2026)
Discover a prime investment opportunity with this versatile commercial property, perfectly situated on a substantial 317m (approx.) corner allotment in Lalor. Boasting an impressive 47m (approx.) street frontage, this property offers exceptional visibility and accessibility.Current Features: Office Layout: The property is currently configured with a total of eight spacious offices, various workspaces, a boardroom, plus multiple store rooms. Amenities: Includes four toilets, a bathroom/laundry facility to cater to diverse needs.Potential Uses: This property is well-suited for a wide range of applications, including but not limited to accommodation, retail, office space, medical facilities, social clubs, cafs, or places of worship (subject to council approval). Zoned Commercial 1 (C1Z), providing flexible options for commercial use or redevelopment.Additional Highlights: Street Frontage: Approximately 47 meters of frontage on the front, side, and rear, enhancing accessibility and exposure. Access: Includes rear right-of-way car access and parking. Zoning: Commercial 1 Zone (C1Z), ideal for a variety of business ventures or redevelopment opportunities (subject to council approval).Contact Information: For further details or to arrange an inspection, please contact Brenda Ngan at 0435 152 545.
Property History for 10 Ruthven Cres, Lalor, VIC 3075
- 09 Apr 2026Listed for Sale $750,000 - $800,000
- 18 Aug 2025Listed for Rent $28,000 / year
- 16 Jun 2025Sold for $770,000
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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 10,084 properties. Over the last 5 years, Houses in Lalor have seen a 14.44% increase in median value, while Units have seen a 25.75% increase. As at 30 April 2026:
- The median value for Houses in Lalor is $797,771 while the median value for Units is $564,328.
- Houses have a median rent of $540 while Units have a median rent of $490.
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