Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
VIC › Greenvale › Lancaster Ct
$1,400,000
Last sold
8 May 2026
5
Bedrooms
3
Bathrooms
6
Car spaces
811.228 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,400,000
8 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Greenvale (last 5 years) with land size have a median of $2,137/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Greenvale
+62.8%
Median sale
Suburb $860,000
-1.40 pp
Gross yield
Suburb 3.63%
Suburb median $860,000 from 75 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $601/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Greenvale at a glance
25,921
People
$860,000
Median sale
$601/wk
Median rent
3.63%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Greystone Real EstateWelcome to 3 Lancaster Court Greenvale, a stunning and sophisticated family residence set on an expansive 811m² allotment, offering an exceptional blend of space, comfort and lifestyle in a highly sought-after pocket. Boasting five generous bedrooms and three beautifully appointed bathrooms, this elegant home is perfectly suited for growing or multi-generational families seeking both luxury and practicality. Positioned within close proximity to quality schools, lush parklands, shopping precincts and convenient transport links, with seamless access to Melbourne's CBD, this location delivers a lifestyle of ease and everyday convenience.
The home's impressive façade creates a striking first impression, complemented by a wide frontage and manicured surrounds that set the tone for what lies within. Upon entry, you are welcomed into a thoughtfully designed interior that flows effortlessly through multiple living zones, offering both privacy and connection for the entire family. A refined lounge with a gas fireplace and a separate formal dining room provide elegant spaces for more intimate entertaining, while the master suite serves as a private retreat, complete with a spacious layout and a well-appointed ensuite. The remaining bedrooms are generously sized and serviced by stylish bathrooms, ensuring comfort and functionality for all members of the household.
At the heart of this home lies a beautifully designed kitchen, featuring a premium Smeg gas stove and ample bench space, perfectly positioned to overlook the main living and dining areas. This central hub is where everyday living comes together, enhanced by quality flooring underfoot and a seamless integration of heating and cooling systems to ensure year-round comfort. Multiple living areas, including a dedicated cinema room, provide versatility for relaxation, work and entertainment, making this home as practical as it is refined.
Designed with lifestyle in mind, the home truly excels in its indoor-outdoor connection, where a decked alfresco area provides the ideal setting for outdoor dining and barbecues. The expansive backyard offers endless space for children to play and families to unwind, while the driveway leads to a substantial multi car garage with convenient drive-through access, allowing additional undercover parking for more vehicles. A large shed with solar power further enhances the property's functionality, offering excellent storage or workshop potential. Whether it's weekend gatherings, movie nights in the cinema room or simply enjoying quiet moments with loved ones, this home is built to create lasting memories.
A rare opportunity to secure a home of this calibre, combining space, style and premium family living in one of Greenvale's most desirable locations. With its exceptional features, generous proportions and outstanding lifestyle appeal, this is a residence that truly stands apart. To arrange your private inspection or for further information, contact Jay Wedi or Fareed Sherzad at Greystone Real Estate today.
Listing description written by Jay Wedi, Greystone Real Estate — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.