Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Delahey › Lemco Walk

15 Lemco Walk, Delahey VIC 3037

House

$585,000

Last sold

11 Oct 2024

3

Bedrooms

1

Bathrooms

3

Car spaces

530 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 $585,000 (11 Oct 2024).(Recorded sale)
  • FactLand 530 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Delahey (last 5 years) with land size: median $1,305/m² of land (n=108). 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

$585,000

11 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Delahey (last 5 years) with land size have a median of $1,305/m² of land (n=108). Districts calculation from recorded sales — not a valuation.

Delahey at a glance

7,859

People

$717,500

Median sale

$480/wk

Median rent

3.48%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Delahey report →

Vs Delahey

-18.5%

Median sale

Suburb $717,500

+0.79 pp

Gross yield

Suburb 3.48%

Suburb median $717,500 from 46 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$585,00011 Oct 2024
  2. Listedprice unknowncompleted9 July 2024
  3. Listedprice unknowncompleted9 July 2024

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 $480/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

Delahey in one glance

Delahey at a glance

7,859

People

$717,500

Median sale

$480/wk

Median rent

3.48%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Delahey report →

Keep researching

  • Why Delahey? Read the area thesis →
  • What else is on the market in Delahey →
  • Other records on Lemco Walk →

Listing material

Listed by OBrien Real Estate Sydenham

The Perfect Property from Every Perspective

Nestled in the serene surroundings of a quiet court, 15 Lemco Walk introduces an impeccable residence tailored for modern living. Upon arrival, the property impresses with its contemporary façade and convenient side access leading to an expansive, oversized garage, ensuring ample space for vehicles and storage needs.

Stepping inside, you are greeted by a generously proportioned living room that bathes in natural light throughout the day, creating a warm and inviting atmosphere. The adjacent chef's kitchen, featuring new appliances, a gas cooktop, electric oven, and an abundance of cupboard space, seamlessly integrated with the dining area for effortless entertaining and everyday dining.

The functional bathroom is tastefully appointed with a luxurious bath, shower, and sophisticated matte black tapware, enhancing the home's contemporary appeal. The spacious master bedroom features ample room, abundant natural light, built-in robes providing a luxurious and comfortable retreat. Along with two thoughtfully designed bedrooms, each complete with built-in robes and ceiling fans, ensures that every member of the household enjoys a comfortable and inviting retreat within the home.

Read the full description

Outside, an expansive undercover entertainment area beckons, offering an ideal setting for hosting gatherings or simply relaxing outdoors in privacy. Additional practical features include a generously sized enclosed garage that provides extra space for storage or hobbies.

Set on approximately 530m2, this property epitomizes tranquillity and convenience, situated within close proximity to Copperfield College, Gilson College, and several parks such as Goldsmith Avenue Reserve. The nearby Delahey Village is just a brief stroll away, ensuring easy access to amenities and services.

With the added benefits of evaporative cooling, split system heating and cooling for year-round comfort, 13 solar panels for energy efficiency, and convenient side access, 15 Lemco Walk promises not just a home, but a lifestyle of unparalleled comfort, practicality, and modern convenience.

Listing description written by Jeremy Portelli, OBrien Real Estate Sydenham — reproduced as published, not verified by Districts.

Also look at

Also for sale in Delahey

  • 18 Mercer Ct, Delahey VIC 3037

    3-bed house for sale. Asking $610K–$640K.

    For sale
  • 5 Thistle Ct, Delahey VIC 3037

    5-bed house for sale. Asking $850K–$930K.

    For sale
  • U2, 2 Barrell Ct, Delahey VIC 3037

    3-bed house. Asking $590K–$649K.

    For sale
  • U1 & 2, 9 Hope Ct, Delahey VIC 3037

    3-bed townhouse. Asking $649K–$699K.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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