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VIC › Selby › Lacy St

1 Lacy St, Selby VIC 3159

House

$950,000

Last sold

24 Oct 2025

3

Bedrooms

2

Bathrooms

7

Car spaces

2,883 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $950,000 (24 Oct 2025).(Recorded sale)
  • FactLand 2,883 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Selby (last 5 years) with land size: median $431/m² of land (n=70). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$950,000

24 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $431/m² of land (n=70). Districts calculation from recorded sales — not a valuation.

Selby at a glance

1,603

People

$840,000

Median sale

$628/wk

Median rent

3.89%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Selby report →

Vs Selby

+13.1%

Median sale

Suburb $840,000

-0.45 pp

Gross yield

Suburb 3.89%

Suburb median $840,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$950,00024 Oct 2025
  2. Listedprice unknowncompleted2 Oct 2025
  3. Listedprice unknowncompleted2 Oct 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $628/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Selby in one glance

Selby at a glance

1,603

People

$840,000

Median sale

$628/wk

Median rent

3.89%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Selby report →

Keep researching

  • Why Selby? Read the area thesis →
  • What else is on the market in Selby →
  • Other records on Lacy St →

Listing material

Listed by Area Specialist Solutions

The Brief: Elevated Elegance with Exceptional Views in Prime Location!

its Addressed:

This beautifully renovated home, offering three bedrooms with the option of a fourth, strikes the perfect balance of comfort, practicality, and lifestyle appeal. With thoughtful updates inside and out, it’s move-in ready for you to enjoy immediately.

Step inside to discover fresh new carpets, paint, and downlights throughout, enhancing a spacious living zone with sweeping views and a cosy fireplace. The recently renovated kitchen and bathrooms showcase quality finishes, including stainless steel appliances, ducted heating throughout, split system heating/cooling and ceiling fans to two bedrooms ensure year-round comfort.

Read the full description

Outdoor living is just as impressive, with an oversized pergola, veranda, and updated low-maintenance gardens creating inviting spaces to entertain. A single garage, carport provision with shade cloth, shedding, and water tank provide excellent functionality, while solar panels and an electric car charger add modern eco-conscious convenience.

A standout feature is the separate studio or office, complete with soundproofing and air conditioning—perfect for those working from home, pursuing creative projects, or needing a quiet retreat.

Embrace a rare lifestyle where nature and comfort unite, with direct access to the Dandenong Ranges National Park, tranquil walking trails, and the gentle sounds of Puffing Billy drifting through the air. Perfect for outdoor entertaining and everyday enjoyment, this home delivers an unbeatable blend of serenity and convenience.

Zoned to Selby Primary and Upwey High, and with reliable NBN and 5G connectivity, you’ll love the practicality as much as the setting. Just a short stroll takes you to Minak Reserve, local tennis courts, Selby Primary, and the nearby doctor’s clinic, while Belgrave’s shops, cafes, train station, and community hub are only five minutes away. For added lifestyle appeal, Mater Christi College is just 1.5km away, and the Menzies Creek Museum – Puffing Billy Railway is only 2.6km from your doorstep.

For more Real Estate in Selby contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Boyd Jones, Area Specialist Solutions — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.