Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Lysterfield › Rathgar Rd

23 Rathgar Rd, Lysterfield VIC 3156

House

$1,170,000

Last sold

9 June 2026

4

Bedrooms

3

Bathrooms

2

Car spaces

521 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 $1,170,000 (9 June 2026).(Recorded sale)
  • FactLand 521 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lysterfield (last 5 years) with land size: median $1,482/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 4 (NRZ4) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactVEGETATION PROTECTION OVERLAY - SCHEDULE 1 touches the boundary of this parcel in the official layer.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1VEGETATION PROTECTION OVERLAY - SCHEDULE 1 touches the parcel boundary — 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

$1,170,000

9 June 2026 · derived via latest_sale

Local land rate: recorded House sales in Lysterfield (last 5 years) with land size have a median of $1,482/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

-12.2%

Median sale

Suburb $1,332,000

+0.34 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 4

NRZ4

Jurisdiction

Knox

Knox, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 204213762

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$1,170,0009 June 2026
  2. Listedprice unknowncompleted13 Apr 2026
  3. Listedprice unknowncompleted13 Apr 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 522 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 $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 4 · NRZ4 (ZN). Official parcel area about 522 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

    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

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 Rathgar Rd →

Listing material

Listed by Barry Plant Rowville

Home Theatre, Dual Masters & Premium Upgrades in Grandview Estate

Set within the highly regarded Grandview Estate, this impressive residence delivers a refined blend of space, sophistication and cutting-edge comfort, crafted for families who expect more from their home.

Bathed in natural light and finished to a high standard throughout, the home reveals a thoughtfully designed interior where generous proportions and intelligent zoning create effortless everyday living. Three distinct living areas, including a dedicated, soundproofed home theatre, elevate the home beyond the ordinary, offering a true cinematic experience.

At its centre, the expansive open-plan domain is anchored by a striking 60mm stone waterfall kitchen, complemented by premium appliances including a 900mm Bosch cooktop and Miele dishwasher. Designed to impress while remaining highly functional, this space flows seamlessly to the outdoor entertaining zones, creating a natural hub for gatherings and relaxed living.

Read the full description

Accommodation is exceptionally well considered, with four spacious bedrooms highlighted by a dual-master configuration-ideal for growing families or multi-generational living. The main master suite serves as a luxurious private retreat, complete with extensive robe space and a designer ensuite featuring floor-to-ceiling tiling, sumptuous rainhead shower, stone finishes and a heated towel rail. A second master suite at the front of the home offers its own ensuite and walk-in robe, providing flexibility without compromise.

Outdoors, two dedicated decked entertaining areas provide the perfect balance of space and low-maintenance appeal, ideal for hosting or unwinding in complete privacy.

Further enhancing the home is a suite of premium inclusions, including keyless entry, electric blinds, new carpets, porcelain tiling, Sonos integrated audio (4 zones), comprehensive security with 7 cameras and internal motion sensors, along with gas ducted heating, evaporative cooling and split system comfort for year-round climate control.

Positioned within the sought-after Lysterfield Primary School zone and moments from parklands, this exceptional home also enjoys easy access to Lysterfield Park and Westfield Knox, delivering a lifestyle of both convenience and natural beauty.

A statement in modern family living-where quality, flexibility and lifestyle come together seamlessly.

Proudly marketed by Barry Plant Rowville-Lysterfield - 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

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Gas Heating
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Rumpus Room
  • Toilets: 3
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.