Lalor has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.23% to date .
While Lalor,3075 ranked number 282th in VIC for increase in median house value (annualised) increase, it is ranked 296th over the last 5 years.
The most recent median price for Lalor is $485000, with sellers offering an average of -8.61% off the asking price.
Situated 16.88km from the CBD, Lalor is one of Whittlesea localities in the postcode 3075.
If you compare the increase in value of investment property in Lalor, 3075 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.36%.
When looking at the potential capital gains offered to property investors over the last 3 years, Lalor comes in at number 155th in VIC.
Sellers are offering property buyers an average discount of -7.06% to buyers in Lalor at the moment, which is less than average for the rest of VIC.
Residents and property investors in Lalor have been waiting around 111.8 days to sell a property.
Lalor is 132th on a list of best yielding suburbs for rents in VIC with a 4.61% return