1 Lawrence Street
Somerville, 3912 VIC
House on a 530 m² block with 16m frontage.
Property Snapshot
House3 Bed2 Bath1 Off Street530 m² Land138 m² Internal16m Frontage
Investment Highlights
What makes 1 Lawrence Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
530 m²
Frontage
16m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 138 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 477m to bus, 432m to train station and 1.2km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
1 off-street
Internal Area
138 m²
Ownership & Value
Last Sold$855k
Sold DateApr 2026
Land Value—
RPD94\LP149892
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Price Estimate
$855k
VeryHigh Confidence
Suburb Median
$785k
House (3 Beds)
Tenure
0 Years
Since 2026
Capital Gain
—
Since 2026
Suburb Sale Price Median - House (3 Beds)
Rental Market
Yield, rental pricing and local leasing landscape.
Suburb Median
$620 Pw
House (3 Beds)
Rental Yield
4.1%
House (3 Beds)
Vacancy Rate
1.0%
House (3 Beds)
Rentals Last 12M
45
House (3 Beds)
Suburb Rental Price Median - House (3 Beds)
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 1 Lawrence Street.
Train Station
432m
Bus Stop
477m
Schools
1.2km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
5.4%Train Station
432mBus Stop
477mCentre Zone
352mRoad Type
residential (Low Noise)School Catchment
1.2kmSomerville Snapshot
Broader suburb metrics that support the local story.
Population
11,767
Owner Occupiers
80%
Social Housing
5.4%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Somerville in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
