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VIC › Lyndhurst › Watergardens Cct

26 Watergardens Cct, Lyndhurst VIC 3975

For saleHouse for Sale

$1,219,000–$1,309,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

478 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,219,000–$1,309,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,219,000–$1,309,000(Listing record · 19 May 2026)
  • FactLand 478 m²; no building size recorded.(Property record)
  • CalculationAsk is 27% above the Lyndhurst median recorded sale ($957,500, n=42, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lyndhurst's advertised median rent ($575/wk), implied gross yield would be 2.45% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$1,219,000–$1,309,000

Asking range · $2,550/m² of land

No recorded sale for this property.

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

+27.3%

Median sale

Suburb $957,500

-0.67 pp

Gross yield

Suburb 3.12%

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

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,219,000
Stamp Duty (Victoria)
$67,045
Transfer/Registration Fee
$2,957
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,292,702

$73,702 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Lyndhurst's advertised median rent — not a rent for this listing.

Net yield
0.95%
Annual cashflow (pre-tax)
$-51,773
Interest cover (DSCR)
0.18
Annual rent
$29,900
Operating expenses
$18,285
Loan amount
$975,200
Annual interest
$63,388
Gross yield
2.45%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$1,219,000–$1,309,000available19 May 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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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

Gross yield if leased at the suburb aggregate is 2.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Watergardens Cct →

Listing material

Listed by Harcourts Home and Acreage

Must Sell -Don't Miss the Opportunity-North-Facing Parkside Luxury

From the moment you arrive, you'll be impressed by the stylish façade, landscaped surrounds, and warm family appeal of this custom-built, architecturally designed residence. Perfectly positioned in a sought-after park-facing location, this exceptional north-facing home is filled with abundant natural light and showcases premium finishes, thoughtful design, and luxurious family living throughout.

Inside, the thoughtfully designed floor plan offers modern living at its finest, featuring expansive open-plan living and dining zones, a chef's kitchen with upgraded stone benchtops, soft-close joinery, premium finishes, and a spacious walk-in butler's pantry. An expansive built-in dining bench seating area creates the perfect space for everyday family living and entertaining.

The home offers multiple living areas including family and rumpus room, while boutique stacker doors seamlessly connect the indoor and outdoor spaces, opening to a pergola and beautifully landscaped backyard ideal for year-round entertaining.

Read the full description

A standout feature is the luxurious architecturally designed Vic Ash staircase, complemented by feature lighting throughout the home and impressive 2.7m ceilings on both levels, enhancing the sense of space and sophistication.

Accommodation is perfectly suited for growing or multi-generational families, with a grand master suite upstairs complete with walk-in robe and ensuite, while all bedrooms feature walk-in closets. A second master bedroom downstairs with its own ensuite provides exceptional flexibility for guests or extended family living.

Additional premium inclusions include:

Zoned reverse cycle refrigerated heating and cooling with built-in home base and app-controlled remote access

Double-glazed windows

High-quality roller blinds and sheer curtains

Motorised blinds/sheers in the master bedroom, living area, and staircase

Upgraded stone finishes to kitchen, bathrooms, and laundry

Solar panel system (approx. 6.7KW) with solar battery (approx. 5.0KWH)

Recycled water system

Security door lock

Double garage

Fully landscaped gardens

Exposed aggregate surrounding the entire property, including the driveway

Feature reclaimed red brick retaining wall

Built-in letterbox

Situated in a beautiful neighbourhood surrounded by quality designer homes in Lyndhurst, this impressive family residence is within walking distance to respected schools, shopping centres, parks, and public transport. Conveniently located just minutes from Lyndhurst Primary School, Lynbrook Primary School, Marriott Waters Shopping Centre, Lynbrook Train Station, Merinda Park Train Station, Western Port Freeway, South Gippsland Highway, and Livvi's Place Casey Playground.

Opportunities like this don't last long. Contact the agent today to arrange your inspection or submit your offer.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Raman Chahal, Harcourts Home and Acreage — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Solar Panels
  • Study
  • Water Tank

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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.