5 Cyprus Street, Lalor, VIC 3075 | Property Value & History | OnTheHouse
OFF MARKET

5 Cyprus Street
Lalor VIC 3075

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 98m2
Land area: 650m2
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Property Details for 5 Cyprus St, Lalor

Building Type
Commercial
Year Built
1970
Floor Size
98m2
Land Size
650m2
Local Government
Whittlesea
Lot/Plan
60/LP40751

Last Listing description (December 2022)

Hudson Bond Commercial is pleased to present this opportunity to acquire a prominent commercial site adjoining Lalor shopping precinct, set on a rectangular 653sqm parcel.

Perfect for either any astute investor or developer to take advantage of this superb development potential for an ideal medical centre.

Take advantage of this neat, raw and scarce development opportunity in a prime location (STCA).

Features:

- Land: 653m2 (approx.)
- Vacant Possession
- Zone: Residential Growth Zone
- Prime for Development
- Perfect for Medical

Only metres from Station Street in Lalor and quick access to Lalor Train Station. Situated accross the road from supermarkets, restaurants and cafes including Coles, Woolworths, Aus Post and several others.

Please contact Hudson Bond Commercial for more information.

Property History for 5 Cyprus St, Lalor, VIC 3075

A timeline of how this property has performed in the market
Last Sold
$1,052,500
15 Dec 2022
Listed for Rent
$350/w
10 Mar 2020
  • 15 Dec 2022
    Sold for $1,052,500
  • 05 Oct 2022
    Listed for Sale Contact Agent
  • 06 Jul 2021
    Listed for Sale CONTACT AGENT
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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 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.
There are currently 45 properties listed for sale, and 28 properties listed for rent in Lalor on OnTheHouse. According to Cotality's data, 423 properties were sold in the past 12 months in Lalor.

Suburb Insights for Lalor 3075

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.