69 Vasey Ave, Lalor is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 895m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 4 bedroom House sold in Lalor in the last 12 months.
Positioned within a well-established Lalor streetscape, this property presents a well-balanced opportunity for investors and long-term holders seeking solid land fundamentals in a proven residential location.
Set on a substantial allotment with regular proportions, the existing residence offers immediate holding appeal, with a practical layout well-suited to ongoing rental accommodation or future enhancement of the home itself. The scale of the land and the usability of the block support flexibility for improvement, modernisation or lifestyle upgrades over time, aligning well with a long-term ownership strategy.
The location continues to underpin strong rental demand, with convenient access to Lalor Station, local shopping precincts, schools, parklands and major arterial roads. These established amenities contribute to consistent tenant appeal and reinforce the property’s long-term resilience within the Lalor market.
Offering a combination of immediate income potential, solid land value and future lifestyle or asset-improvement flexibility, this property represents a strategic acquisition in an established growth corridor.
Key Highlights
• Established investment holding in a tightly held Lalor location
• Substantial allotment with strong underlying land value
• Practical dwelling layout suited to rental accommodation
• Scope to enhance, modernise or optimise the existing home over time
• Well-connected location supporting consistent tenant demand
• Close to transport, shopping, schools and parklands
An ideal asset for investors, long-term holders or value-focused buyers seeking stability and upside.
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Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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:
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