36 Casey Drive, Lalor VIC 3075

3 bed, 1 bath house on 597 m² | single-storey, detached | sold $650k Mar 2026 | gross yield near 4.3% This property is competitively strong for its combination of a traditional detached house on a substantial 597 m² block within an established residential street. The single-storey configuration and mid-sized land parcel are increasingly rare in Lalor, where newer stock trends toward higher-density townhouses. It best serves owner-occupiers, first-home buyers, and young families seeking space and a classic suburban footprint, as well as investors attracted to the implied gross yield of approximately 4.3% based on the reported $540 per week rent. The house’s position on a built-out street suggests stable neighbourhood character and limited future competition from new developments nearby. The material factors that might affect value include the discrepancy in parking counts—five spaces from listing data versus two from property records—which could influence buyer perception of practical utility. The absence of detailed information on renovation level, building age, or internal finishes means the property’s condition may be ordinary, and any deferred maintenance could narrow the buyer pool or require price adjustment. The wide sale range of $620,000 to $693,000 from listing sources further signals that final pricing may depend on how these unknowns are resolved through inspection or negotiation.