Market snapshot
Suburb insights for Lalor3075
Change suburbLalor 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.
Sales data
Median sale price
$688k
Quarterly price change
-2.4%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Lalor | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $685,000 | $807,500 |
| 4 | $777,500 | $950,000 |
| Insight | Lalor | Metro comparison |
|---|---|---|
| Clearance rate | 72.1% | 73.3% |
| Days on market | 42 | 42 |
Rental data
Median weekly rent
$500
Rental yield
3.7%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Lalor | Metro comparison |
|---|---|---|
| 2 | $455 | $560 |
| 3 | $500 | $550 |
| 4 | $550 | $595 |
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