Back 3/48 Richards Street
Off Market

3/48 Richards Street

Lalor VIC 3075

2
1
1
145 m²
Unit
Last sold for $520,500
Gav MalhotraGav Malhotra, last sold this property on 10 June 2025 after 57 days on market.

Overview

Nest or Invest! No Body Corporate!

SOLD BY HOCKINGSTUART EPPING!! Situated in the heart of Lalor you will be amazed the second you step into this beautifully designed home, comprising 2 spacious bedrooms, both with built in robes & serviced by the central family bathroom. With open plan living and a well appointed kitchen with stainless steel appliances including dishwasher, this home has it all. Situated in a great location, walking distance to local shops, schools, transport and easy access to the freeway, the location is ideal. Including features such as split system heating & cooling, a beautiful low maintenance backyard, remote single car garage with internal access & much more. Currently leased for $1,912 per month, vacant possession available, move in or invest, the choice is yours! Don't miss out on this fantastic opportunity!

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
145 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Lalor over the last 12 months, the estimated median property value of 3/48 Richards Street is $482.5k.

Median value
$482.5k
Estimated value range
$411.5k - $600k
Median days on market
29
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lalor. 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 3/48 Richards Street

2025
Sold
$520,500
Private Sale/Treaty on 10 Jun 2025 by Gav Malhotra, of Hockingstuart Epping
2023
Rented
Undisclosed
Leased on 19 Jan 2023 by Hockingstuart Epping
2023
Rented
Undisclosed
Leased on 11 Jan 2023 by Hockingstuart Epping

Happy sellers in Lalor

92%
92% of sellers in Lalor reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 75 reviews in Lalor over the last 12 months.

Local market activity for 2 bedroom units in Lalor

In the last 12 months, 18 two-bedroom units similar to 3/48 Richards Street, have been sold.

This represents a 50% increase in two-bedroom units sales when compared to the previous 12 months.

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