37 David StreetLalor VIC 3075
Property Details for 37 David St, Lalor
37 David St, Lalor is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 674m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Last Listing description (January 2025)
We are pleased to bring to your attention an exceptional investment opportunity situated at 37 David Street in Lalor. This property represents a distinguished prospect for discerning investors and developers.
Key Highlights:
Strategic Location: Positioned within Lalor, 37 David Street enjoys a strategic location offering convenient access to essential amenities, educational institutions, recreational facilities, and seamless connectivity to Melbourne's central business district. Lalor's burgeoning prominence as a desirable residential locale further enhances the investment appeal of this property.
Investment Potential: With meticulously crafted plans and fully endorsed permits for the development of three townhouses, this property epitomizes a turnkey investment proposition. Its pre-approved development status underscores the potential for substantial returns on investment within a dynamic and evolving real estate landscape.
Versatile Zoning: Benefitting from a zoning classification conducive to residential development, this property affords investors a versatile canvas to implement diverse investment strategies. Whether envisaging rental income streams, resale opportunities, or long-term capital appreciation, the property's zoning flexibility accommodates varied investment
For comprehensive insights or to arrange an on-site inspection, please avail yourselves to contact us promptly. Given the fervent demand for such prime opportunities, prompt action is advisable to secure involvement in this prestigious venture.
Sales Executive: Cheryl Freshwater
Phone: 0405 134 329
Sales Executive: Dev Sareen
Phone: 0420 652 850
Property History for 37 David St, Lalor, VIC 3075
- 15 Apr 2024Listed for Sale $745,000 - $775,000
- 15 Nov 2019Listed for Rent - Price not available
- 16 Mar 2017Listed for Rent $350 / week
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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 10,086 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:
- The median value for Houses in Lalor is $794,841 while the median value for Units is $565,110.
- Houses have a median rent of $530 while Units have a median rent of $480.
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