16 Allen Street, Laverton VIC 3028

16 Allen Street, Laverton VIC 3028
Large 595mยฒ lot | Approved townhouse plans | Newly refreshed interior | No overlay constraints | Growth corridor setting The property’s generous lot size and approved townhouse plans are considered a rare configuration for this part of Laverton. The interior is noted as freshly refreshed, which is thought to enable immediate occupancy. The absence of overlay constraints is viewed as favorable for any future redevelopment. This property is considered best suited for first-home buyers seeking a move-in ready home and small-scale developers looking for a pre-approved project. The growth corridor location is seen as adding to its long-term appeal. Value may be influenced by buyer assessment of the approved plans’ feasibility and the existing building’s condition. Long-term demand might be affected by school and neighborhood characteristics, which are recommended for independent verification.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 16 Allen Street, Laverton VIC 3028
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Market Insight:

Laverton is an evolving suburb with a mix of established homes and new developments, attracting buyers seeking affordability and proximity to the city. Demand is driven by first-home buyers and investors drawn to its relative value and emerging local amenities. Recent market conditions show solid capital growth for houses, while the unit market presents more varied performance. Future growth is underpinned by ongoing development, though the market’s sensitivity to broader economic conditions remains a key consideration.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

595mยฒ

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