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Lalor
AREA REPORTS

Lalor

Lalor - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3075

house
unit

Property investors enjoyed capital gains of 6.82% 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 5.73% growth over a ten-year period. It ranks 1362nd on our list of suburbs that property investors should look into.

LALOR, 3075 has a capital gain of 6.82% for the past year, which is lower than average compared to its 42.67% growth within a five-year period.

With the median home price in LALOR sitting at $642,000, and the average rent at $370, property owners could potentially earn a 3% increase in gross rental yield.

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 (C).

Data report can be found below

Lalor
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $642,000 $477,175
GROWTH REPORT
Median Quarterly 2.56% 1.74%
Median 12 month 6.82% 9.95%
Median 3 years -1.23% 15.68%
Median 5 years 42.67% 42.44%
10 years average annual 5.73% 4.85%
Weekly media advert. rent $370 $350
Time on Market 66.6 days 70.6 days
Gross Rental Yield Percent 3% 3.81%
demographics (median values)*
Total Population
22594
Weekly Household Income
1112
Household Size
2.90
Age
37
Monthly Loan Repayment
1670
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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