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Laverton suburb profile

Laverton is a suburb located in Melbourne's southwest, approximately 17km from the CBD. Known for its affordability and accessibility, it attracts a diverse community of families, professionals, and students. Laverton offers a mix of residential, industrial, and commercial areas, providing a balanced lifestyle. The suburb benefits from excellent transport links, including the Laverton train station and easy access to the Princes Freeway, making commuting convenient. With local schools, parks, and shopping options, Laverton is a practical choice for those seeking a suburban lifestyle with city conveniences. Its ongoing development and community spirit continue to enhance its appeal.

Laverton property market performance

Current median dwelling price$567,250Past 3 months

Property growth+6.2%Past 12 months

Laverton’s property market has shown modest growth over the past 12 months. House values have increased by 3.8%, with the current median house price at $617,500. Although unit values have risen by 5.3%, the median unit price remains at $0, indicating limited data or sales activity in this segment.

Sales activity has been relatively low, with 36 houses and only 4 units sold in the past 12 months. Houses are taking a median of 43 days on the market, while units are selling slightly faster at 35 days, suggesting a quicker turnover for units despite fewer sales.

The rental market in Laverton has remained stable, with house rents increasing by 1.1% to an average of $465, while unit rents have not changed, maintaining an average of $470 over the last 12 months.

HousesUnits
Median price
Past 3 months
$613KN/A
Change in value
Past 12 months
4.9%7.6%
Sold
Past 3 months
383
Median days on market
Past 12 months
4535
Average rent
Past 12 months
$475$460
Change in rent
Past 12 months
3.3%-4.2%

5 year median price trend for houses and units

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Laverton demographics

Laverton, located in Melbourne's western suburbs, is a community that balances suburban tranquility with urban accessibility. With a population of 4,760, Laverton is a relatively small suburb that offers a close-knit community feel. The median age of 32 suggests a youthful demographic, likely attracted by the suburb's affordability and proximity to Melbourne's CBD, making it a convenient location for young professionals and families alike.

The suburb's family dynamics are diverse, with 37.8% of families being couples with children and 36.9% being couples without children. This indicates a balanced mix of family types, contributing to a vibrant community atmosphere. One-parent families make up 21.3% of the population, reflecting a supportive environment for various family structures. The presence of other family types, though smaller at 3.9%, adds to the suburb's diversity.

Housing in Laverton is varied, with 50.2% of properties being rented, highlighting its appeal to those seeking flexible living arrangements. Meanwhile, 23% of homes are owned outright, and 26.8% are owned with a mortgage, indicating a stable property market with opportunities for both renters and buyers. The median total household income of $1,512 per week suggests a community that enjoys a comfortable standard of living, with access to local amenities and services that cater to a range of lifestyles.

Suburbs near Laverton

Some popular suburbs near Laverton include:

  • Seabrook: Known for its family-friendly atmosphere and local parks, Seabrook is located directly to the east of Laverton.
  • Altona Meadows: Offering a mix of residential and recreational spaces, Altona Meadows is situated to the southeast of Laverton.
  • Williams Landing: Known for its modern housing developments and convenient transport links, Williams Landing lies to the northeast of Laverton.
  • Sanctuary Lakes: Featuring a golf course and scenic lake views, Sanctuary Lakes is located to the southwest of Laverton.
  • Truganina: Known for its rapid growth and new housing estates, Truganina is situated to the north of Laverton.

How does Laverton compare to nearby suburbs?

  • Median house prices: Laverton’s median house price is 28.5% lower than Seabrook’s.
  • Median unit prices: Laverton’s median unit price is 4.8% lower than Altona Meadows’s.
  • House price growth: Over the past 12 months, house prices in Laverton have grown 2.7% higher than in Truganina.
  • Unit price growth: Over the past 12 months, unit prices in Laverton have grown 5.3% higher than in Altona Meadows.
  • Selling speed for houses: Properties in Laverton are selling 10.0% faster than in Truganina.
  • Selling speed for units: Properties in Laverton are selling 56.3% faster than in Williams Landing.
  • Investment considerations: In Laverton, the rental yield for house is 24.6% lower than the Melbourne average, while the rental yield for units is 21.5% lower.
  • House price growth: Over the past 12 months, house prices in Laverton have grown 39.7% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Laverton have grown 14.1% lower than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Laverton

In Laverton ,60 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 60.9% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.75% and 2.88%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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