6 Lowry Road, Lalor Park, NSW 2147
Knock Down Rebuild (KDRB)
About the Property
Promising potential awaits in a prime location adjacent to Kings Langley, offering the possibility of renovation or rebuilding. This conveniently situated property is close to schools, shopping centers, public transportation, and the M2 motorway. Inside, you’ll find three bedrooms, separate living and dining spaces, an original kitchen, and side access to a spacious 562.8m2 block (approximately). Don’t miss the chance to explore this opportunity, as the home is set for auction on August 13th, 2022, at 2:15 pm on-site.
From the domain.com.au listing
About the Suburb
Lalor Park, a suburban community, is home to a population of 7,834 residents residing in approximately 3,115 dwellings. With a majority of 55% owner-occupiers, it reflects a stable and established residential environment.
The IQR % Median of 14% suggests some variability in property prices within Lalor Park, offering a range of options for potential homebuyers and investors. Properties in the suburb tend to spend an average of 26 days on the market (DOM), indicating a relatively active real estate market.
In terms of education, the ICSEA School Score is 16, providing insights into the quality of local educational institutions and opportunities for residents.
The median property price in Lalor Park stands at $841,000, with a recent % growth rate of -1.1%. The rental yield is 3.4%, making it potentially appealing to investors seeking rental income. Additionally, the low vacancy rate of 0.1% signals a high demand for rental properties within the suburb.
While the specific value for Market Absorption is not provided, these statistics collectively offer valuable insights into the real estate landscape of Lalor Park, making it an area worth considering for both homebuyers and investors.