Back 21 Lalor Street
Off Market

21 Lalor Street

Port Melbourne VIC 3207

2
1
4
House
Last sold for $1,350,000
Andrew CampbellAndrew Campbell, last sold this property on 04 December 2025 after 64 days on market.

Overview

Landmark Opportunity for a Luxury Redevelopment

A rare landholding of prestige and potential, this prime Port Melbourne parcel promises both lifestyle privilege and outstanding investment rewards. Between the city and the bay, footsteps from Bay Street’s thriving café and retail precinct, it offers a landmark opportunity to shape a modern family masterpiece or boutique residential development (STCA) in one of Melbourne’s most tightly held urban settings. With a rich history as former horse stables, the site lends itself to one luxurious six-bedroom, five-bathroom residence, complete with a four-car subterranean garage and panoramic rooftop garden. Equally compelling, the option exists to deliver a pair of cutting-edge town residences, each with five bedrooms, four bathrooms, a private two-car garage below ground and a rooftop retreat with sweeping views. Key features: - Architect plans available for 1 luxury home or 2 substantial town residences - Two titles, 21 & 23 Lalor Street, with rare double frontage - Flexible dual access from prominent street front or wide rear laneway - Footprint just under 200 sqm, in line with blue-chip Port Phillip allotments across Port Melbourne, Middle Park & Albert Park - Only 140m from Bay Street’s cafés, restaurants and retail - A short 500m stroll from Port Melbourne’s pristine swimming beach - Quick city connection: 11 minutes by light rail or 2.5km by car - Strong capital growth, averaging 9.5% per annum - End product projections exceeding 25% ROI - Terms tailored to suit your plans Opportunities of this calibre are increasingly scarce. With prized dual access, a premier footprint, and a location where lifestyle and growth converge, this address is poised to become a contemporary showpiece. Secure your place at the forefront of a changing streetscape and make your mark in a location where investment certainty and architectural excellence go hand in hand. For more information about this prime development opportunity please contact Andrew Campbell at Buxton Brighton on 0419 366 545.

Features

2 bedrooms
1 bathroom
4 carspaces
4 garage spaces
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Port Melbourne over the last 12 months, the estimated median property value of 21 Lalor Street is $1.2m.

Median value
$1.2m
Estimated value range
$852k - $1.93m
Median days on market
25
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Port Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21 Lalor Street

2025
Sold
$1,350,000
04 Dec 2025 by Andrew Campbell, of Buxton Brighton

Happy sellers in Port Melbourne

82%
82% of sellers in Port Melbourne reported that their sale price either exceeded or met their price expectations.

Port Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Port Melbourne over the last 12 months.

Local market activity for 2 bedroom houses in Port Melbourne

In the last 12 months, 54 two-bedroom houses similar to 21 Lalor Street, have been sold.

This represents a 30% decrease in two-bedroom houses sales when compared to the previous 12 months.

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