Lalor at a glance
23,505
People
No data
Median sale
$502/wk
Median rent
No data
Suburb gross yield
VIC › Lalor › Franklin Rd
$740,000–$814,000
For sale
Asking range
$730,000
Last sold
30 Nov 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
563 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
Asking
$740,000–$814,000
Asking range · $1,314/m² of land
Last recorded sale $730,000 (30 Nov 2021).
Local land rate: recorded House sales in Lalor (last 5 years) with land size have a median of $1,240/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Lalor at a glance
23,505
People
No data
Median sale
$502/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$45,006 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lalor's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $502/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.
Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownArea
Lalor at a glance
23,505
People
No data
Median sale
$502/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Harcourts Rata & Co.Renovated and turn key ready, you'll not want to miss out on this exceptional home. Set on a 562m² rectangular allotment with a 15.7m frontage, it combines a well-resolved three-bedroom floorplan, a substantial central living zone, quality renovations and an outdoor layout that gives the property far more flexibility than its traditional façade might suggest.
The floorplan is particularly well considered. Three bedrooms are positioned together along one side of the home, creating a defined private zone, while the main living areas occupy the opposite side. All bedrooms feature built-in storage and are well proportioned. A central bathroom services the accommodation, with the laundry discreetly positioned alongside the kitchen.
At the heart of the home is an impressive dining and living area, where vaulted ceilings introduce height, natural light and a distinctly architectural feel. This is not simply a passage between rooms; it is a substantial living environment with the scale to accommodate both dining and everyday relaxation without either feeling compromised.
The renovated two-tone kitchen sits directly alongside this space, creating a natural connection between preparation, dining and living. Gas cooking, a deep sink and breakfast bar bring practical detail to a kitchen that is visually connected to the heart of the home. From here, doors open towards the deck, extending the living zone outdoors and creating a particularly strong flow through the property.
Throughout the hallway, living areas and bedrooms, floorboards provide a consistent finish that complements the home's renovated interiors.
The bathroom takes a different approach, with floor-to-ceiling tiles, a deep soaker tub and quality finishes creating a polished, spa-inspired space. It is a renovation that adds a sense of refinement without losing sight of the home's established character.
Outside, the property reveals another of its strengths. A substantial paved pergola and carport sits alongside the residence, providing an impressive covered area for outdoor use while the roller door adds security and privacy. The rear yard retains valuable open space, with lawn, an established tree and room for a veggie patch. It is a genuine backyard rather than simply an area left over from the house.
Beyond that sits the separate garage and studio arrangement, adding a valuable dimension to the property. The garage is accompanied by a studio and additional space, creating a valuable zone away from the main residence. For a household needing a home office, creative room, recreational area, teenager's space or simply somewhere to work away from the main house, this separation is a significant advantage.
Ducted heating and a split system provide year-round climate control for optimal comfort.
The location reinforces the appeal. Local shops, services, schools and parklands are within walking distance, placing the everyday essentials of established suburban living close to the front door. Major shopping centres, hospital facilities, freeway connections and train services providing access towards Melbourne are all only a short drive away, with the CBD approximately 30 minutes by train.
PHOTO ID REQUIRED
Due diligence checklist - consumer.vic.gov.au/duediligencechecklist
Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy
Material Facts - please refer to the contract of sale and vendor statement for material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Listing description written by Mario Tucci, Harcourts Rata & Co. — reproduced as published, not verified by Districts.
Victoria 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.