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VIC › Lyndhurst › Mermaid Grove

22 Mermaid Grove, Lyndhurst VIC 3975

House

$795,000

Last sold

13 May 2019

4

Bedrooms

2

Bathrooms

2

Car spaces

630 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 $795,000 (13 May 2019).(Recorded sale)
  • FactLand 630 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lyndhurst (last 5 years) with land size: median $1,735/m² of land (n=59). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

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

What should you verify next?

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

$795,000

13 May 2019 · derived via latest_sale

Local land rate: recorded House sales in Lyndhurst (last 5 years) with land size have a median of $1,735/m² of land (n=59). Districts calculation from recorded sales — not a valuation.

Lyndhurst at a glance

8,922

People

$957,500

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Lyndhurst report →

Vs Lyndhurst

-17.0%

Median sale

Suburb $957,500

+0.64 pp

Gross yield

Suburb 3.12%

Suburb median $957,500 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Casey

Casey, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN 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: 210501817

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$795,00013 May 2019
  2. Listedprice unknowncompleted13 Mar 2019
  3. Listedprice unknowncompleted13 Mar 2019

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 1 · GRZ1 (ZN). Official parcel area about 631 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 631 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise. 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 $575/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 1 · GRZ1 (ZN). Official parcel area about 631 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 631 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise.

  • 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

Lyndhurst in one glance

Lyndhurst at a glance

8,922

People

$957,500

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Lyndhurst report →

Keep researching

  • Why Lyndhurst? Read the area thesis →
  • What else is on the market in Lyndhurst →
  • Other records on Mermaid Grove →

Listing material

Listed by Ray White Cranbourne

SOLD BY CHAMINDA GUNASEKARA

LYNDHURST: If you have been looking for the perfect excuse NOT to build then your wish is my command. With extraordinary attention to detail no expense has been spared in the construction of this outstanding Carlisle family home. Measuring approximately 38 squares under the roof line on approximately 630 square meter of land the property itself is situated in an established street location within the prestigious Marriott Waters Estate and it is simply a case of moving in, unpacking and enjoying a luxurious lifestyle.

The property itself features a free flowing; open floor plan sure to be enjoyed by all! The grand, wide entry provides raised ceilings whilst there is internal access from the over sized double garage that provides convenient rear door access.

The hostess kitchen is restaurant quality and features stone bench tops, island bench and glass splash-back. There is a walk in pantry together with space for a large wide fridge, the stainless steel appliances are state of the art and include a 900mm oven, 900mm five burner gas cook top, range hood and dishwasher. All this and a whole lot more overlooking the separate meals zone!

Read the full description

Those of you who like to entertain can take full advantage of the separate living zones. There is an over sized home theatre area and a formal lounge area whilst you will be greeted to an open rumpus towards the rear of the property. Your fourth living option is the open plan living area which is located close to the dining and the kitchen areas.

There are four spacious bedrooms on offer, the master suite itself completely separate from the rear three; featuring double door entry and with space for a large dressing table. The en suite offers multiple vanities with a large mirror, double shower, a separate toilet and plenty of cupboard space.

* Four living zones

* Double door entry

* Three toilets including a powder room

* Evaporative cooling

* Air conditioner

* Ducted heating

* Gas fire place

* Surround sound speakers to kitchen meals area

* Stone bench tops in kitchen

* 900 mm five burner gas cook top

* Dishwasher

* Bi fold windows in kitchen

* Walk in pantry with power point for microwave

* Plumbing to refrigerator cavity

* Bi fold door access to the alfresco from the formal lounge and dining areas

* Double vanities in en suite

* Separate toilet in en suite

* En suite with spa bath

* Walk in linen press

* Low maintenance established gardens

* Alfresco with blinds

* Ceiling fan to the alfresco area

- Marriott Waters shopping centre is approximately five minutes' walk away from the house

- Lyndhurst Primary School is approximately fifteen minutes' walk away from the house

- Lyndhurst Kindergarten, Early parenting centre, Maternal and child health services centre are approximately four minutes' drive away

- Merinda Train Station is approximately five minutes' drive away from the house

- Lynbrook Train Station is approximately five minutes' drive away from the house

- Easy access to Thompsons' Road and Western Port Highway

- Located within walking distance to Marriott Waters' wetlands, park lands, a network of walking & cycling paths, picnic and barbecue facilities, public art and wetland sculptures

- Great for local sport, with oval, netball and cricket facilities within walking distance

- Friendly community with quiet neighbors

- One of the prestigious characteristics of Marriott Waters is its Residents Club. The Residents Club includes a fully-equipped gymnasium with wetland view, function and multi-purpose rooms and a pool

22 Mermaid Grove must be seen to be believed, so do yourself a favor and call before its SELLING SELLING SOLD!

**PHOTO ID REQUIRED AT ALL INSPECTIONS**

Listing description written by Chaminda Gunasekara, Ray White Cranbourne — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3
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.