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45 Cole Street, Laverton VIC 3028

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$650k - $700k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 4 Cars

Listed: 29th Jul 2026

Updated: 14 hours ago

Overview

This property presents a unique opportunity for developers, builders, and investors seeking a prime development site in Laverton. Situated just a short walk from Laverton Station and with easy freeway access, this location offers remarkable convenience.

The existing home currently serves as a rental, featuring three bedrooms, a central bathroom, a separate toilet, a spacious kitchen, and generously sized living areas. Beyond its current function, the property boasts approved plans for three double-storey townhouses, each thoughtfully designed to maximize space and utility.

Townhouse 1: Four bedrooms, three bathrooms, and a single garage with its own driveway, offering ample family accommodation and parking.
Townhouse 2: Two bedrooms, two bathrooms, a study, and a single garage, suitable for professionals or small families requiring home office space.
Townhouse 3: Two bedrooms, three bathrooms, and a single garage, providing a balance between comfort and privacy.

The property's location near essential amenities enhances its appeal, granting residents easy access to transport and local conveniences. This combination of development potential and immediate liveability positions the site as a standout prospect in the Laverton market.

Appropriate for those looking to capitalize on a rare development opportunity, this site merges existing rental income with established planning approvals, streamlining the path forward for new projects.

Prospective buyers should consider the site's potential to deliver diverse housing options within proximity to transport and amenities in a sought-after suburb.

Local Market Insights

In Laverton, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 26 during the previous 30-day period, with an average advertised asking price of $741,290. The property type mix of listed properties is predominantly Houses at 82%, followed by units (11%), and villas (5%). The most active agency for houses in the Laverton area is currently Hunter French Real Estate, representing 23% of new listings, followed by Your Property Agent with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.