Market snapshot

Suburb insights for Lalor3075

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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.

Recent sales and auction results in Lalor

AddressBedroomsPriceTypeMethodSale DateAgentListing
15 Newton Cr, Lalor3PriceHouse (Res)Auction Sale14/02/2025HarcourtsView
3/15 Richards St, Lalor3PriceTownhouse (Res)Auction Sale14/02/2025Ray White ThomastownView
24/68-92 Mckimmies Rd, Lalor3PriceUnitSold Before Auction11/02/2025HarcourtsView

Sales data

Median sale price
$690k
Quarterly price change
0.1%
Metro Melbourne Comparison
$895k
-2.1%
BedroomsLalorMetro comparison
2$611,500$888,000
3$685,000$807,000
4$808,000$950,000
InsightLalorMetro comparison
Clearance rate77.3%72.6%
Days on market42.543

Rental data

Median weekly rent
$518
Rental yield
3.8%
Metro Melbourne Comparison
$580
3.3%
BedroomsLalorMetro comparison
2$455$575
3$500$550
4$593$600
Median data for the current quarter
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