Lalor
3075 VIC
Lalor, VIC 3075, with its population of 23,219 residents, appeals to families and professionals, as evidenced by the high number of residents in the age brackets of 5 to 19 years and 25 to 34 years. The suburb's proximity to public transport options like trains and buses makes commuting convenient. With a significant number of residents working from home, Lalor offers a balanced lifestyle that blends work and leisure seamlessly.
For those interested in Houses in Lalor, the suburb shows strong market demand with a high market absorption rate and moderate vacancy rate indicating a seller's market. The suburb's high room demand-supply ratio suggests potential for homeowners to rent out rooms. Investors interested in Units may find opportunities for renovation projects, given the high sale price IQR ratio, indicating potential for value addition.
Lalor, VIC 3075, offers a family-friendly environment with a good mix of demographics and convenient commuting options. The suburb presents investment opportunities for both homebuyers and property developers, with strong market demand for Houses and potential renovation prospects for Units.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Lalor houses.
Median Price
$775k
# Sales
315
12M Growth
10.5%
10Y Ave Growth
5.5%
Why Buyers Look Here
Owner occupier appeal — 69% owner-occupied — strong community stability and pride of ownership.
Proven growth — 5.5% average annual growth over 10 years.
Tight supply — Only 0.7% of stock on market — limited turnover supports price growth.
Capital Growth
Pricing and long-term growth profile for Lalor houses.
Median Price
$775k
# Sales
315
12M Growth
10.5%
10Y Ave Growth
5.5%
Rental Market
Yield, rental pricing and vacancy performance for Lalor houses.
Weekly Rent
$537
Rental Yield
3.7%
Vacancy Rate
1.8%
Rentals Last 12M
364
Supply & Demand
Stock levels, days on market and selling conditions for Lalor.
Stock on Market
0.7%
Days on Market
30
Building Approvals
0.3%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Lalor.
Population
23,219
Owner Occupiers
69%
Median Income
$70k
IRSAD Rank
17
Recent Sales
Recently sold properties in Lalor.
