Positioned within Lalor's rapidly evolving growth corridor, this character-filled, fully detached residence sits on approximately 605m of flat, usable land offering outstanding future potential with valuable corner development upside (STCA).Whether you're a savvy investor or forward-thinking developer, the opportunity here is clear, particularly as the area continues to benefit from ongoing precinct structure planning and long-term growth.Inside, the home comprises three well-proportioned bedrooms, a functional living zone, and a practical kitchen and meals area. Comfortable as is and currently well-suited for immediate rental return, it also presents the perfect foundation for renovation or a complete reimagining down the track.Outdoors, a wide side driveway provides excellent access to a secure lock-up garage, while the expansive backyard opens the door to future design possibilities or redevelopment options.Location is a key highlight, just moments from Lalor Train Station, Station Street shopping precinct, local bus services, and a range of schools including Lalor Secondary College, along with easy access to surrounding retail hubs.Whether you're looking to landbank and lease, develop (STCA), or build your dream home, 116 Mount View Road offers a rare and flexible opportunity to secure a strong foothold in a highly sought after growth pocket...
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 16.81% increase in median value, while Units have seen a 28.45% increase. As at 31 March 2026:
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