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Investment Property Lalor, VIC, 3075

Suburb Snapshot

Lalor is a suburb in the Whittlesea Region of Victoria. Lalor has a population of 22,595 people and 23.02% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed -2.99% over the past year and changed 3.17% over 2 years.

The median rent in Lalor for houses is $500 per week and the median rental yield is 4.00%. Stock on the market for houses/townhouses has changed -16.22% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $455,000 and this has changed 1.11% over the past year. The average unit takes 64 days to sell and the median rent for a unit in Lalor is $445 per week, producing a rental yield of 5.08%.

Supply & Demand in Lalor, Whittlesea

0.98%

Current vacancy rate


89

Rental stock available


22,595

Population


23.02%

Rental population


1.12%

Current vacancy rate


1,064

Rental stock available


197,494

Population


22.25%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Lalor, Whittlesea

  House Townhouses Units
Median listing price $650,000 $590,000 $455,000
Median price change - last quarter 0.00% 0.84% 4.65%
Median price change - 1 year -2.99% 9.76% 1.11%
Median price change - 2 years 3.17% 8.25% -2.16%
  House Townhouses Units
Median weekly rent $500 $500 $445
Median yield % 4.00% 4.40% 5.08%
Median rent change - 1 year 11.11% 3.09% 11.25%
  House Units
Previous month sales 19 4
Stock on market previous month 62 13
Stock variance vs. last year -16.22% 30.00%
Average days on market 66 64

Lalor investment property listings

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