Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Nyora › Lester Dr

20 Lester Dr, Nyora VIC 3987

House

4

Bedrooms

2

Bathrooms

4

Car spaces

40,500 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 40,500 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Nyora (last 5 years) with land size: median $157/m² of land (n=34). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned RURAL LIVING ZONE - SCHEDULE 2 (RLZ2) under the ZN.(Vicmap Planning · 30 Aug 2026)

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. 1No 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Nyora (last 5 years) with land size have a median of $157/m² of land (n=34). Districts calculation from recorded sales — not a valuation.

Nyora at a glance

1,621

People

$926,000

Median sale

$483/wk

Median rent

2.71%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Nyora report →

Planning

Planning and development

Planning scheme

ZN

Zone

RURAL LIVING ZONE - SCHEDULE 2

RLZ2

Jurisdiction

South Gippsland

South Gippsland, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 5301092

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. Soldprice unknown31 Mar 2026
  2. Listedprice unknowncompleted2 Apr 2025
  3. Listedprice unknowncompleted2 Apr 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 RURAL LIVING ZONE - SCHEDULE 2 · RLZ2 (ZN). Official parcel area about 40,060 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. 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

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 RURAL LIVING ZONE - SCHEDULE 2 · RLZ2 (ZN). Official parcel area about 40,060 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?

    Knownmedium

    Official parcel about 40,060 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • 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

Nyora in one glance

Nyora at a glance

1,621

People

$926,000

Median sale

$483/wk

Median rent

2.71%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Nyora report →

Keep researching

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

Listing material

Listed by Area Specialist Solutions

The Brief: Stunning Country Living Awaits at 20 Lester Drive, Nyora!

It's Addressed:

Matt Redmond from Area Specialist is thrilled to bring this remarkable property to the market! Nestled on approximately 10 acres (4.05Ha) of gently undulating land, this home offers a perfect blend of luxury and rural charm.

Key Features:

Read the full description

Private Entry: Enter through a solar-powered electric gate and enjoy the scenic drive up the long concrete driveway leading to your serene oasis.

Spacious Home: This beautifully rendered home boasts a master bedroom suite complete with a walk-in robe and ensuite, offering a private retreat at one end of the house.

Versatile Living Spaces: A large multipurpose living room currently serves as a home office and gym, providing flexibility for your lifestyle.

Heart of the Home: The kitchen features laminate benchtops, electric cooking appliances, a dishwasher, and ample bench space, seamlessly flowing into the open-plan dining/meals area. Enjoy stunning views of the inground swimming pool and the picturesque landscape through floor-to-ceiling bay windows.

Comfortable Bedrooms: The other end of the home features three generous bedrooms, two equipped with built-in robes and one with a walk-in robe. These rooms are serviced by a luxurious family bathroom with marble benchtops, a double vanity, a separate shower, and a large bath.

Outdoor Entertainment: With front and back verandahs and an expansive undercover entertainment area, you can soak in the stunning rural views while enjoying gatherings with family and friends. The solar-heated inground swimming pool is easy to maintain and perfect for those warm summer days.

Eco-Friendly Amenities: This home is fitted with a solar system to keep electricity costs low and includes an LG battery backup that activates during power outages, ensuring you remain comfortable.

Ample Infrastructure: Additional features include a large shed for storage, a 3m x 3m garden shed, and a spacious 4-bay shed perfect for parking machinery, caravans, boats, or cars. There’s a dog run, chook pen, bird aviary, and stockyards for hobby farming.

Water Storage & Fencing: The property boasts multiple water storage options, including concrete and poly tanks, a dam, and five main paddocks with excellent fencing and troughs for livestock.

Location Highlights:

Bus stop at the end of the road for easy access to primary and secondary schools in Korumburra and Leongatha.

Conveniently located less than 90 minutes from Melbourne CBD (traffic dependent).

Close to local pony clubs and the Great Southern Rail Trail, with Phillip Island just 40 minutes away.

This property has been lovingly enjoyed by a family for over 25 years, offering a welcoming environment for entertaining and quiet enjoyment. Don’t miss your chance to own this ‘walk-in’ property!

Contact Matt Redmond today to arrange your inspection!

For more Real Estate in Nyora 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 are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

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

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Outdoor Entertaining
  • In-Ground Pool
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Water Tank
  • Workshop
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.