40 Grace Street, Laverton, VIC 3028 sold on 10 July 2025 | OnTheHouse
 
SOLD
Sold on 10 Jul 2025 for $663,300

40 Grace Street
Laverton VIC 3028

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 697m2
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Property Details for 40 Grace St, Laverton

40 Grace St, Laverton is a 4 bedroom, 2 bathroom House. The property has a land size of 697m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 4 bedroom House sold in Laverton in the last 12 months.

Building Type
House
Land Size
697m2

Last Listing description (July 2025)

Why 40 Grace Street, Laverton? Harleen and MI Realtors proudly presents this rare opportunity for buyers looking to invest in a renovation project. The existing 4-bedroom, 2-bathroom house offers a solid foundation for those willing to undertake a transformation. With a generous land size of 697 m² and situated within the General Residential Zone - Schedule 1 (GRZ1), the property allows for a variety of residential developments, including townhouses and multi-unit dwellings, subject to council approval.

Development Potential of 40 Grace Street, Laverton VIC 3028

• 40 Grace Street offers a substantial land area of approximately 697 m², presenting a prime opportunity for developers seeking to capitalize on Laverton's growth. The property's zoning and strategic location enhance its appeal for various development projects.

Key Highlights:

Land Size: With a land area of 697 m², the property offers ample space for redevelopment, accommodating multiple dwellings or a medium-density residential project.

Proximity to Amenities: The site is within walking distance to Laverton Train Station, providing direct access to the Werribee line for a seamless commute to Melbourne's CBD. Additionally, multiple bus routes service the area, enhancing connectivity to neighboring suburbs and key amenities.

Local Amenities: Nearby facilities include the Aviation Road shopping strip, offering a variety of shops, eateries, and services, as well as the Williams Landing Shopping Centre, featuring major supermarkets, specialty stores and dining options

Educational Institutions: The property is in close proximity to Laverton P-12 College, providing convenient schooling options for families.

Given these factors, 40 Grace Street presents a compelling opportunity for developers and investors to capitalize on Laverton's evolving landscape. The site's strategic location, coupled with favorable zoning and land size, positions it as an attractive option for residential development projects.

Contact Harleen on 0432510052 to book an inspection!
PHOTO ID IS A MUST AT ALL INSPECTIONS.

DISCLAIMER: All stated dimensions are approximate and pictures are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Checklist:

http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 40 Grace St, Laverton, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$663,300
10 Jul 2025
  • 08 Jul 2025
    Sold for $663,300
  • 19 May 2025
    Listed for Sale Vendor Open to Reasonable Offers !!!
  • 11 Aug 2004
    Sold for $210,000
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About Laverton 3028

The size of Laverton is approximately 3.8 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Laverton in 2016 was 4915 people. By 2021 the population was 4760 showing a population decline of 3.2% in the area during that time. The predominant age group in Laverton is 20-29 years. Households in Laverton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Laverton work in a labourer occupation.In 2021, 48.30% of the homes in Laverton were owner-occupied compared with 48.70% in 2016.

Laverton has 3,006 properties. Over the last 5 years, Houses in Laverton have seen a 13.36% increase in median value, while Units have seen a 22.01% increase. As at 30 November 2025:

  • The median value for Houses in Laverton is $691,948 while the median value for Units is $570,685.
  • Houses have a median rent of $440 while Units have a median rent of $480.
There are currently 32 properties listed for sale, and 11 properties listed for rent in Laverton on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Laverton.

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Harleen Sawhney
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Sojan Pandarasseril
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