88 Tyquin StreetLaverton VIC 3028
Property Details for 88 Tyquin St, Laverton
88 Tyquin St, Laverton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 534m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (April 2024)
88 Tyquin Street is a charming brick veneer house located in the desirable suburb of Laverton. Situated on a generous 534m2 block of land, this property offers an excellent opportunity for investors and developers alike. Currently tenanted on a month-to-month lease, this property presents a versatile option with potential for immediate rental income or future development.
Key Features:
1. Bedrooms: This property boasts three well-proportioned bedrooms, providing ample accommodation for a small to medium-sized family or tenants. The bedrooms offer comfortable living spaces with the potential for customization according to personal preferences.
3. Current Tenancy: Currently, the property is tenanted on a month-to-month lease, making it an attractive option for investors seeking immediate rental income. The current rental yield stands at $1304 per calendar month, offering a steady return on investment.
4. Development Potential: One of the standout features of this property is its town planning permit to construct three dwellings. This permit opens exciting possibilities for developers looking to maximize the potential of the land. With the opportunity to create multiple residences, this property offers excellent prospects for those interested in capitalizing on the demand for housing in the area.
Location: The benefit from its convenient location offers a peaceful suburban environment while being near essential amenities and transportation options. Residents can enjoy easy access to local schools, parks, shopping centres, and public transport, enhancing the overall appeal of the property.
In conclusion, 88 Tyquin Street, Laverton, presents an exceptional investment opportunity. Don't miss the chance to explore the numerous possibilities this property has to offer.
Property History for 88 Tyquin St, Laverton, VIC 3028
- 08 Feb 2024Sold for $540,000
- 11 Jul 2023Listed for Sale $520,000 - $560,000
- 21 Jun 2021Listed for Rent $300 / week
Recent sales nearby
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0About Laverton 3028
The size of Laverton is approximately 3.8 square kilometres. There are 14 parks, covering nearly 6.6% of the 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 3,009 properties. Over the last 5 years, Houses in Laverton have seen a 15.63% increase in median value, while Units have seen a 15.55% increase. As at 30 April 2026:
- The median value for Houses in Laverton is $719,455 while the median value for Units is $554,902.
- Houses have a median rent of $450 while Units have a median rent of $500.
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