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VIC › Lynbrook › Paterson Dr

162 Paterson Dr, Lynbrook VIC 3975

House

$700,000

Last sold

7 Apr 2026

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $700,000 (7 Apr 2026).(Recorded sale)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 (GRZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$700,000

7 Apr 2026 · derived via latest_sale

Lynbrook at a glance

10,637

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

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

See the full Lynbrook report →

Vs Lynbrook

-20.5%

Median sale

Suburb $880,000

+0.95 pp

Gross yield

Suburb 3.69%

Suburb median $880,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 2

GRZ2

Jurisdiction

Casey

Casey, VIC

Planning overlays

  • DEVELOPMENT PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 204361537

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$700,0007 Apr 2026
  2. Listedprice unknowncompleted10 Mar 2026
  3. Listedprice unknowncompleted10 Mar 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?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 244 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $624/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 244 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 1; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Lynbrook in one glance

Lynbrook at a glance

10,637

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

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

See the full Lynbrook report →

Keep researching

  • Why Lynbrook? Read the area thesis →
  • What else is on the market in Lynbrook →
  • Other records on Paterson Dr →

Listing material

Listed by LJ Hooker Dandenong

Impressive Family Living with Generous Space and Comfort

Positioned on a desirable corner block in a quiet and family friendly pocket of Lynbrook, this well designed double storey residence offers generous proportions, multiple living zones and a practical layout ideal for growing families who value space, comfort and flexibility.

Upon entry, you are welcomed by a spacious front lounge that provides a relaxing retreat for quiet evenings or entertaining guests. Moving further into the home, the central living area flows seamlessly into the dining space and well

appointed kitchen, creating a functional hub for everyday family life. The kitchen is thoughtfully designed with ample bench space, pantry storage and clear sightlines across the living areas, making it perfect for both cooking and entertaining.

Read the full description

Sliding doors lead out to a covered pergola area, offering a fantastic outdoor space for year round gatherings while overlooking the backyard. The ground floor also features a full laundry and a convenient powder room, adding practicality to the home's family friendly layout.

Upstairs, the accommodation is equally impressive. The generous master bedroom includes a walk in robe and private ensuite, creating a comfortable and private retreat. Two additional bedrooms with built in robes are serviced by a central bathroom and separate toilet, ensuring convenience for the whole household. A balcony adjoining the master bedroom provides a pleasant outdoor space to relax and enjoy fresh air.

Additional highlights include ducted heating and air conditioning to provide year

round comfort, along with a large double garage with driveway access for secure parking and additional storage.

Key Features:

-Desirable corner block position

-Three spacious bedrooms, including a master with a walk

-in robe and ensuite

-Two modern bathrooms

-Multiple living zones, including lounge, living and family areas

-Well- appointed kitchen with pantry and ample bench space

-Dining area connected to the main living space

-Covered pergola for outdoor entertaining

-Balcony adjoining the master bedroom

-Ducted heating and air conditioning for year-round comfort

-Separate laundry and downstairs powder room

-Double garage with convenient additional street parking

-Prime location

Conveniently located close to Lynbrook Village Shopping Centre, local parks, quality schools and public transport options, this home also offers easy access to South Gippsland Highway and Western Port Highway, providing smooth connectivity to surrounding suburbs and Melbourne CBD.

DISCLAIMERS:

Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness.

The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented. As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.

Listing description written by Bahroz Abbasi, LJ Hooker Dandenong — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
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.