Back 62 David Street
Off Market

62 David Street

Lalor VIC 3075

3
1
2
649 m²
House
Sam BabalisSam Babalis, last sold this property on 14 May 2025 after 91 days on market.

Overview

Ideal home/investment/new home or dual occupancy site

FORTHCOMING AUCTION – | Ready to move into now and enjoy the recent upgrades and expansive backyard, this character filled, three-bedroom, 1 bathroom weatherboard home with north rear-facing garden perfectly balances comfort and opportunity for a range of buyers. Freshly painted and featuring new carpets, this inviting abode is ready for you to move in and make it your own or lease out as a lucrative investment. With further strong prospects to develop the flat 649m2 allotment (STCA), keep the existing home and build another at the rear or one larger new home, this truly is a great buy. The comfortable layout of the naturally lit home further comprises a cosy living area with heating and cooling system, space to enjoy meals and warmly lit kitchen with potential for future enhancements. The home additionally provides a double garage and extra storage, plus driveway parking. Set on a generous block with General Residential Zone 1 (GRZ1) zoning, this property presents a fantastic opportunity for investors and developers. The expansive flat land offers scope to build a brand-new modern home or multi units or retain the existing home and build another at the rear (STCA). Whether you are a first-time homebuyer looking to settle into a welcoming community, an investor seeking a solid addition to your portfolio, or a developer ready to capitalise on a prime piece of real estate, 62 David Street offers endless possibilities. Conveniently located near Lalor and Thomastown Train Stations, with proximity to reputable primary and secondary schools, including Lalor Primary School, St Luke’s Primary School and Lalor Secondary College. Just a short stroll to Lalor Shopping Centre, and close to Epping Plaza and a selection of shops and services, including supermarkets, fashion stores, and excellent dining options. Surrounded by leisure and sporting pursuits with Lalor Library, community programs and services and several recreational/sporting facilities/reserves including the Darebin Creek Trail, Lalor, Main Street and Sycamore Reserves. Great connections to major hospitals and arterials. Secure this property with immense potential and apply for planning permits if desired. Land size: 649 Square Metres approx.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
649 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lalor over the last 12 months, the estimated median property value of 62 David Street is $766k.

Median value
$766k
Estimated value range
$512k - $1.11m
Median days on market
28
Estimated value trend
11%
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 62 David Street

2025
Rented
Undisclosed
Leased on 23 Jul 2025 by Jellis Craig Eltham
2025
Sold
Undisclosed
Auction Sale on 14 May 2025 by Sam Babalis, of Jellis Craig Doncaster

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 76 reviews in Lalor over the last 12 months.

Local market activity for 3 bedroom houses in Lalor

In the last 12 months, 137 three-bedroom houses similar to 62 David Street, have been sold.

This represents a 5% increase in three-bedroom houses sales when compared to the previous 12 months.

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