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78 - 80 Bladin Street, Laverton VIC 3028

$1,420,000-$1,460,000

Search Band Search Visibility Band

$1.4M - $1.5M High Confidence Calculated based on strong search observations.

House 7 Beds 2 Baths 4 Cars 1192 m²

Listed: 8 hours ago

Overview

Located in Melbourne’s flourishing western corridor, this expansive dual-allotment property at 78–80 Bladin Street, Laverton, presents a compelling opportunity for residential developers and investors alike. Spanning approximately 1,192 square metres, the combined land parcel boasts notable dimensions of about 30.4 metres wide and 40 metres deep, allowing for considerable potential in multi-unit residential development, subject to council approval.

The site currently hosts two three-bedroom residences, which continue to generate rental income estimated at $830 per week, equating to an annual return around $43,160. This ongoing income can provide a valuable buffer during planning and approval stages, representing an attractive proposition for strategic land banking.

Situated within a well-established residential precinct, the property is surrounded by modern townhouse developments, enhancing its appeal for innovative design and contemporary living concepts. Its proximity to Laverton, Aircraft, and Williams Landing train stations, alongside easy access to the Princes Freeway, offers excellent connectivity for future residents to Melbourne’s CBD and broader metropolitan areas.

The surrounding area is well serviced by retail centers including Williams Landing Shopping Centre and Central Square Shopping Centre, as well as a wide range of educational institutions such as Laverton P-12 College and Emmanuel College, complemented by childcare facilities, medical services, and recreational options. This comprehensive amenity mix underscores the site’s suitability for residential development catering to diverse lifestyle needs.

Overall, this substantial landholding provides a rare blend of flexibility, location, and immediate rental income, positioning it as an exceptional multi-unit development opportunity or strategic investment asset within an evolving community setting.

Local Market Insights

In Laverton, Quiet Listings observed 28 new houses entering the market over the last 30 days, down from 32 during the previous 30-day period, with an average advertised asking price of $784,821. The property type mix of listed properties is predominantly Houses at 70%, followed by units (20%), and townhouses (5%). The most active agency for houses in the Laverton area is currently Sweeney Estate Agents, representing 39% of new listings, followed by One Agency with 11%. 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.