Laverton at a glance
5,098
People
$632,500
Median sale
$524/wk
Median rent
4.31%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
$605,000
Last sold
2 Oct 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
560 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$605,000
2 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Laverton (last 5 years) with land size have a median of $1,098/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Laverton at a glance
5,098
People
$632,500
Median sale
$524/wk
Median rent
4.31%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
Vs Laverton
-4.3%
Median sale
Suburb $632,500
+0.19 pp
Gross yield
Suburb 4.31%
Suburb median $632,500 from 90 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $524/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Laverton at a glance
5,098
People
$632,500
Median sale
$524/wk
Median rent
4.31%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo Laverton/Altona/Point CookPrime Investment & Development Opportunity in the Heart of Laverton!
Stockdale & Leggo is proud to present 23 Briggs Street, Laverton - a property brimming with potential for astute buyers, investors, and developers alike.
Sitting on a generous 560m² approx. block, this well-maintained home is not only perfectly positioned in a central Laverton location, but also offers excellent future development potential (STCA).
The property features:
• Three bedrooms
• Central bathroom
• Functional kitchen with meals area
• Spacious lounge room
• Gas cooking appliances
• Heating for year-round comfort
• Well-maintained front and back gardens
• Currently rented at $450 per week, with a rental increase to $480 per week from October - ensuring strong rental returns from day one
Unbeatable Location:
• Education at Your Doorstep: With the P-12 College just 2-minutes drive away, school runs are incredibly convenient. This close proximity allows for more quality time with your family, enhancing your daily routine.
• Close to Local Shops and Restaurants: Whether you're running errands, grabbing a coffee, or dining out, everything you need is just a few minutes away. Laverton's local shopping precincts and eateries offer a diverse range of options to cater to your every need.
• Recreational Spaces for the Whole Family: This property is surrounded by an abundance of green spaces and parks, including Bladin St Reserve, Frank Gibson Reserve, and McCormack Park. These parks are perfect for family outings, morning jogs, or simply enjoying nature with your loved ones.
• Prime Location Near Laverton Station: Located just 4 minutes from Laverton Station, this home offers unbeatable convenience for commuters, ensuring easy and quick access to public transport.
• Quick Access to Melbourne CBD: With the Melbourne CBD just a 25-30 minute drive away, even during peak hours, you can enjoy the vibrant city life while still having the comfort of a peaceful suburban home.
This property is a great opporunity whether you are looking to move-in, build your rental portfolio or planning on profit generation by development multi-units pending Council approval. Contact us to organise a private inspection.
Keep an eye out for open inspection times or contact us to organize a private inspection. Don't miss the chance to make this exceptional townhouse your new home or investment.
Disclaimer:
Please note that all information in this advertisement is accurate to the best of our knowledge. We recommend interested parties undertake their due diligence, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist. Open for inspection times are subject to change; please check online on the day for the latest information.
Listing description written by Sunny Kumar, Stockdale & Leggo Laverton/Altona/Point Cook — reproduced as published, not verified by Districts.