44 Derrick StreetLalor VIC 3075
Property Details for 44 Derrick St, Lalor
44 Derrick St, Lalor is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 669m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (April 2025)
In the heart of the action, occupying a prominent 1373sqm site (approx.) with development approval for five ultra-modern townhouses. This high-value investment/development opportunity is walking distance to schools, shops and Lalor Station.
The exceptional site is primed for a motivated developer. The plans are for four, two storeys three bedroom townhouses and one, two storeys two bedroom townhouse, prefect for downsizers, Investors or first home buyers.
Two titles to be sold as one, with a dwelling on each title, currently tenanted month to month. Endorsed town planning drawing and permits are current and available for viewing.
Don't miss out on this rare opportunity to secure sound development opportunity!
To organise your inspection, call Con Tsalkos on 0415 115 557.
Property History for 44 Derrick St, Lalor, VIC 3075
- 30 Oct 2023Sold for $680,000
- 31 May 2023Listed for Sale $
- 23 Feb 2017Sold for $615,000
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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 10,087 properties. Over the last 5 years, Houses in Lalor have seen a 20.40% increase in median value, while Units have seen a 25.96% increase. As at 30 November 2025:
- The median value for Houses in Lalor is $779,233 while the median value for Units is $547,028.
- Houses have a median rent of $520 while Units have a median rent of $480.
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