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VIC › Meadow Heights › Lightwood Cres

149 Lightwood Cres, Meadow Heights VIC 3048

For saleHouse for Sale

$740,000–$760,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

2

Car spaces

595 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $740,000–$760,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $740,000–$760,000(Listing record · 20 Apr 2026)
  • FactLand 595 m²; no building size recorded.(Property record)
  • CalculationAsk is 9% above the Meadow Heights median recorded sale ($677,500, n=77, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Meadow Heights's advertised median rent ($483/wk), implied gross yield would be 3.39% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$740,000–$760,000

Asking range · $1,244/m² of land

No recorded sale for this property.

Meadow Heights at a glance

14,847

People

$677,500

Median sale

$483/wk

Median rent

3.71%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Meadow Heights report →

Vs Meadow Heights

+9.2%

Median sale

Suburb $677,500

-0.32 pp

Gross yield

Suburb 3.71%

Suburb median $677,500 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$740,000
Stamp Duty (Victoria)
$39,470
Transfer/Registration Fee
$1,836
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$785,006

$45,006 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Meadow Heights's advertised median rent — not a rent for this listing.

Net yield
1.89%
Annual cashflow (pre-tax)
$-24,464
Interest cover (DSCR)
0.36
Annual rent
$25,116
Operating expenses
$11,100
Loan amount
$592,000
Annual interest
$38,480
Gross yield
3.39%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$740,000–$760,000available20 Apr 2026

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 $483/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

Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Meadow Heights in one glance

Meadow Heights at a glance

14,847

People

$677,500

Median sale

$483/wk

Median rent

3.71%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Meadow Heights report →

Keep researching

  • Why Meadow Heights? Read the area thesis →
  • What else is on the market in Meadow Heights →
  • Other records on Lightwood Cres →

Listing material

Listed by First National Real Estate Meadow Heights

Corner Block Opportunity with City Views & Future Potential

Positioned in a sought-after pocket of Meadow Heights, 149 Lightwood Crescent presents a rare opportunity to secure a spacious family home set on a substantial corner allotment of approximately 595m, offering both immediate comfort and exciting future potential. With its generous land size and corner positioning, the property provides scope to build a unit (subject to council approval), making it an attractive option for investors, developers or families looking to grow.

Step inside to discover a well-designed home featuring three bedrooms, including a master bedroom serviced by a convenient two-way bathroom. The home is enhanced by floorboards throughout, creating a warm and cohesive feel, while downlights add a modern touch across the living spaces. The open plan kitchen and dining area forms the heart of the home, complete with quality finishes including 900mm stainless steel appliances, a dishwasher and ample bench space, making it ideal for both everyday living and entertaining.

Additional practicality is offered with two powder rooms, catering perfectly to busy households. The home also includes solar panels, providing energy efficiency and long-term savings, while security and storage needs are well covered with a double garden shed.

Read the full description

Stepping outside, the property continues to impress with its outdoor space, taking full advantage of the large block. The corner allotment not only enhances accessibility but also unlocks future development potential. Adding to its appeal is a stunning city view, offering a unique lifestyle element rarely found in the area.

Located in the well-established suburb of Meadow Heights, approximately 18km from Melbourne's CBD, the home enjoys excellent connectivity and convenience. Everyday amenities are just moments away, including the popular Meadow Heights Shopping Centre, providing supermarkets, cafes and essential services. Larger retail, dining and entertainment options are easily accessible at Broadmeadows Central.

Families will appreciate the proximity to local schools such as Meadow Heights Primary School and Bethal Primary School, along with nearby childcare facilities. Outdoor enthusiasts are well catered for with easy access to the expansive Broadmeadows Valley Park, offering walking trails, playgrounds and open green spaces for recreation .

Public transport options are readily available, with nearby bus routes servicing the area and train stations including Coolaroo Railway Station and Roxburgh Park Railway Station providing direct access to the CBD, making commuting simple and convenient .

Combining a prime corner position, generous land size, modern comforts and outstanding future potential, this is an opportunity not to be missed in one of Meadow Heights' most convenient and family-friendly locations.

DISCLAIMER: 'All information provided has been prepared with care and is believed to be accurate at the time of publication. However, interested parties should make their own enquiries and rely on their own investigations. The agent and vendor accept no responsibility for any errors, omissions or misstatements.'

Listing description written by Jalal Abdallah, First National Real Estate Meadow Heights — reproduced as published, not verified by Districts.

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.