VIC/
Lalor

Suburb Profile

Lalor - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3075

house
unit

Property investors enjoyed capital gains of 20.39% over the last 12 months in LALOR, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 8.48% growth over a ten-year period. It ranks 399th on our list of suburbs that property investors should look into.

LALOR, 3075 has a capital gain of 20.39% for the past year, which is higher than average compared to its 53.31% growth within a five-year period.

With the median home price in LALOR sitting at $555,000, and the average rent at $350, property owners could potentially earn a 3.28% increase in gross rental yield.

A 20.39% increase in median property prices in LALOR, 3075 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 93rd.

Figures from the previous quarter show that capital gains for real estate buyers in LALOR are low, as opposed to average gains per annum over the past five years.

LALOR, 3075 in VIC belongs to the local government area of Whittlesea.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $555,000 $365,000
GROWTH REPORT
Median Quarterly 8.82% 3.99%
Median 12 month 20.39% 7.67%
Median 3 years 47.02% 16.8%
Median 5 years 53.31% 17.36%
10 years average annual 8.48% 5.98%
Weekly media advert. rent $350 $315
Time on Market 72.7 days 128.1 days
Gross Rental Yield Percent 3.28% 4.49%
demographics (median values)
Total Population
19561
Weekly Household Income
765.6
Household Size
2.90
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