88 Tyquin Street, Laverton VIC 3028
88 Tyquin Street, Laverton VIC 3028
Older 3-bed brick veneer | 534sqm block near station | renovation or redevelopment scope | established low-rise pocket
This house is positioned as a rare combination of a 534sqm block, a simple three-bedroom floorplan, and a location within easy walking reach of Laverton Station, schools, and the local shopping strip. The original brick veneer construction is unremarkable but serviceable, and the lack of updated finishes is best treated as an opportunity rather than a flaw. It sits inside an established low-rise pocket of similar older homes, where land size and transport access are the primary drivers of demand. The property is served well by its generous block and could suit a first-home buyer planning staged renovations, or an investor or small-scale builder looking for a knockdown-rebuild site. Its configuration gives it a practical advantage over smaller allotments in the street.
The value may be affected by the lack of updated finishes, and internal condition might be weighed against renovated stock. A decision may need to be made between retaining the original layout or planning a full rebuild. Zoning and overlay details could also influence the achievable price, so they are worth checking.
>> Comparable Sales: 88 Tyquin Street sold for $465,000 in 2021 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, renovation potential, station proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 88 Tyquin Street, Laverton VIC 3028
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Laverton, in Melbourne’s west, blends post-war housing with new developments; an emerging café and retail strip around Aviation Road is lifting the suburb’s appeal. Value-seeking owner-occupiers and investors are driving demand, drawn by entry-level prices and improving amenity. House medians sit near $612,000, with annual growth of 2.5–5.3% and a 2.1% quarterly rise. Houses sell in 43–63 days, with 146–214 annual sales. The unit market is less clear: medians span $481,500–$585,000, annual growth runs -4.8% to 16.8%, and quarterly change fell 12.1% – volatility, not a trend. House yields run 3.6–3.7% across most sources; unit yields 4.8–4.9%, though REIV cites 5% for both. Future growth depends on continued residential development and the Aviation Road precinct maturing. Key risks are unit-price instability and slower turnover if selling days extend.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
534m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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