Unit 1, 23 CHERRY COURT Lalor VIC 3075
This property is Off Market
- The Average property price in this area is $854,621, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 18.14 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Lalor
With an average age of 41, households expect an average monthly mortgage payment of $1,500 or a weekly rent payment of $350. The average family earns a weekly income of $1,305 with a typical household size of 2.5 and a 92.09% employment rate.
Consistent high demand relative to supply is a key feature in Lalor driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lalor due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lalor changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Lalor necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Lalor we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lalor a better buying opportunity than it may have been in the past.
Public Transport
Lalor
Thomastown
Stop 67: Bundoora Square Shopping Centre
Stop 67: Bundoora Square Shopping Centre
Stop 68: Greenhills Road
Ruthven
Stop 71: RMIT Bundoora Campus
Stop 71: RMIT Bundoora Campus
Upfield
Reservoir
General Points of Interest
Corpus Christi Tennis Club
Strathallan Golf Club
Cambellfield Plaza
Olympic Leisure
Foundation Square
Pentridge Prison Main Gate
Nets Stadium Banyule
Northland Shopping Centre
YMCA Macleod Recreation and Fitness Centre
La Trobe University (Bundoora Campus)
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 2770 asthma sufferers and 2117 people living with diabetes. In addition, 1525 people have a heart/vascular condition and 2798 people live with three or more chronic diseases.A good place to invest in property?
Lalor a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
37 / 100
52 / 100
Industry
16 / 100
17 / 100
Population
27 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
24 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLalor North Primary School Lalor Secondary College
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Lalor Primary School
Lalor, VIC, 3075 State Prep-6 -
Merriang Special Developmental School
Lalor, VIC, 3075 State U -
St Luke's School
Lalor, VIC, 3075 Independent Prep-6 -
Peter Lalor Secondary College
Lalor, VIC, 3075 State 9-12 -
Lalor East Primary School
Thomastown, VIC, 3074 State Prep-6 -
Thomastown East Primary School
Thomastown, VIC, 3074 State Prep-6 -
St Monica's College
Epping, VIC, 3076 Independent 7-12 -
Lalor Secondary College
Lalor, VIC, 3075 State 7-12 -
Lalor North Secondary College
Epping, VIC, 3076 State 7-12
Property Story
Unit 1, 23 Cherry Court, Lalor, Vic, 3075 is a residential property . The estimated distance to the sea is 18.14km and at least 2.96KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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