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VIC › Lysterfield › Heritage Way

20 Heritage Way, Lysterfield VIC 3156

House

$1,590,000

Last sold

19 Dec 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

1,350 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 $1,590,000 (19 Dec 2025).(Recorded sale)
  • FactLand 1,350 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lysterfield (last 5 years) with land size: median $1,510/m² of land (n=111). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 (NRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

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

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DEVELOPMENT 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

$1,590,000

19 Dec 2025 · derived via latest_sale

Local land rate: recorded House sales in Lysterfield (last 5 years) with land size have a median of $1,510/m² of land (n=111). Districts calculation from recorded sales — not a valuation.

Lysterfield at a glance

6,718

People

$1,332,000

Median sale

$630/wk

Median rent

2.46%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Lysterfield report →

Vs Lysterfield

+19.4%

Median sale

Suburb $1,332,000

-0.40 pp

Gross yield

Suburb 2.46%

Suburb median $1,332,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1

NRZ1

Jurisdiction

Knox

Knox, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 5597

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$1,590,00019 Dec 2025
  2. Listedprice unknowncompleted25 Nov 2025
  3. Listedprice unknowncompleted25 Nov 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?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 1,354 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. Official parcel about 1,354 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; DEVELOPMENT 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 $630/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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 1,354 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

    Official parcel about 1,354 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; DEVELOPMENT 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

Lysterfield in one glance

Lysterfield at a glance

6,718

People

$1,332,000

Median sale

$630/wk

Median rent

2.46%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Lysterfield report →

Keep researching

  • Why Lysterfield? Read the area thesis →
  • What else is on the market in Lysterfield →
  • Other records on Heritage Way →

Listing material

Listed by Barry Plant Rowville

Outstanding Value Opportunity On 1/3 Acre

Sale by SET DATE Monday 22nd December at 6pm (unless sold prior)

Welcome to an exceptional lifestyle opportunity in the prestigious Carrington Estate, a tightly held and highly sought-after enclave where properties of this calibre are rarely offered. If you've always dreamed of living here, this is the moment you've been waiting for. Set on an expansive 1,350m², this beautifully presented single-storey residence delivers space, privacy, and comfort for the modern family.

Offering four generous bedrooms plus a dedicated office, the home is perfectly designed for those who need room to grow, work, and entertain. The master suite is a peaceful retreat, complete with a large walk-in robe and ensuite. Three additional bedrooms are ideally zoned in their own wing and offer excellent storage and natural light, ensuring every family member has their own comfortable sanctuary.

Read the full description

Living and entertaining are effortless with three expansive, light-filled living zones that flow seamlessly throughout the home. Whether hosting guests, unwinding with family, or creating separate spaces for kids and adults, this floor plan offers versatility rarely found in single-level living. The central kitchen is the heart of the home-well-equipped, spacious, and ideally positioned to connect all living and dining areas.

Outdoors, the property provides endless possibilities. There's ample room for a pool, alfresco entertaining, children's play areas-whatever suits your vision. Wide side access offers sought-after off-street parking for a boat or caravan, with enough space to build another separate garage if desired.

Homes in Carrington Estate are tightly held for a reason: tree-lined streets, elegant residences, and a true feeling of exclusivity and community. With prestigious schools, parklands, transport, shopping, and major amenities all within easy reach, this is a location that enhances lifestyle in every way.

This residence presents an unmissable opportunity to secure a spacious and highly functional family home in one of the area's most desirable estates. If you've always wanted to call Carrington Estate home, there has never been a better time.

Proudly marketed by Barry Plant Rowville - 9753 2828

Photo I.D Required at all inspections

Listing description written by Anthony Johnson, Barry Plant Rowville — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Study
  • Toilets: 2
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.