Market snapshot

Suburb insights for Lalor3075

Change suburb

Lalor is located 17 km north of the CBD. Bounded by the Merri Creek in the west and the Darebin Creek in the east Lalor is a residential and industrial suburb. The largest ethnic groups are from the countries of the fromer Yugoslavia Greece and Italy. Its labour force is concentrated in the manufacturing sector (33%) while a significant portion are employed in the wholesale and retail trade sector. The area also features significant commercial areas centred around the Lalor railway station.

Recent sales and auction results in Lalor

AddressBedroomsPriceTypeMethodSale DateAgentListing
8 Burton St, Lalor3PriceHouse (Res)Auction Sale22/06/2024HarcourtsView
67 Kingsway Dr, Lalor3PriceHouse (Res)Passed in at Auction22/06/2024HarcourtsView
3/26 Messmate St, Lalor2PriceUnitAuction Sale22/06/2024Harcourts Rata & CoView
48 Rotino Cr, Lalor3PriceHouse (Res)Auction Sale22/06/2024Harcourts Rata & CoView

Sales data

Median sale price
$708k
Quarterly price change
0.7%
Metro Melbourne Comparison
$929k
2%
BedroomsLalorMetro comparison
2-$920,000
3$675,000$810,000
4$742,500$965,000
InsightLalorMetro comparison
Clearance rate90%75.3%
Days on market4040

Rental data

Median weekly rent
$480
Rental yield
3.6%
Metro Melbourne Comparison
$550
3.1%
BedroomsLalorMetro comparison
2-$550
3$480$520
4$520$575
Median data for the current quarter

Find a REIV member

Real estate professionals in your area with the right skills, the best knowledge and proven expertise.