Profile for Lalor

3075

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.

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$580k

Metro Melbourne

$864k

Quarterly Price Change

-7.3%

Metro Melbourne

-3.5%

Median Rent

$375

Metro Melbourne

$470

Rental Yield

3.2%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 66.1%
Days on Market 31 39
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $910,250
3 Bedrooms $601,000 $760,000
4 Bedrooms $675,000 $910,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $370 $440
4 Bedrooms $435 $495

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$483k

Metro Melbourne

$621k

Annual Price Change

13.9%

Metro Melbourne

6.4%

Median Rent

$350

Metro Melbourne

$430

Rental Yield

3.7%

Metro Melbourne

3.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 66.1%
Days on Market 31 39
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $385,000
2 Bedrooms $442,000 $591,000
3 Bedrooms $531,000 $785,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $348 $450
3 Bedrooms n/a $525

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