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VIC › Lysterfield › Palmerston Rd

3 Palmerston Rd, Lysterfield VIC 3156

House

$850,000

Last sold

11 June 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $850,000 (11 June 2026).(Recorded sale)

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

What this lot has actually traded at

Last sold

$850,000

11 June 2026 · derived via latest_sale

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

-36.2%

Median sale

Suburb $1,332,000

+1.39 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 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. Sold$850,00011 June 2026
  2. Listedprice unknowncompleted13 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 $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.

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

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 Palmerston Rd →

Listing material

Listed by Barry Plant Rowville

Outdoor Lifestyle Appeal

Positioned in a quiet and family-friendly pocket of Lysterfield, this beautifully updated residence delivers the perfect combination of comfort, functionality and outdoor lifestyle appeal. Set on a generous allotment with valuable rear access to the property, the home offers a practical and inviting layout designed for growing families, first home buyers or those simply seeking extra space to entertain and enjoy.

Stepping inside, the home immediately impresses with its warm and welcoming atmosphere, enhanced by tasteful updates and an abundance of natural light throughout. The spacious main living zone creates the ideal environment to relax and unwind, while the dining area provides a seamless space for everyday meals and entertaining alike. Thoughtfully designed for modern living, the layout balances openness with functionality, ensuring the home feels both connected and comfortable.

At the centre of the home, the updated kitchen combines practicality with style, featuring ample bench space and generous storage, all while overlooking the indoor and outdoor living areas. Whether it's busy weekday routines or hosting family and friends on the weekend, the space is designed to cater effortlessly to everyday life.

Read the full description

Accommodation is well catered for with generously sized bedrooms serviced by a well-maintained bathroom, while year-round comfort is ensured through the inclusion of gas heating alongside split system heating and cooling. Every element of the home has been designed with easy living in mind, creating a move-in-ready opportunity with nothing left to do but enjoy.

Stepping outside, the lifestyle appeal continues with a spacious backyard perfectly suited for entertaining on any scale. Whether hosting family gatherings, weekend BBQs or enjoying quiet evenings outdoors, the space offers incredible flexibility and a relaxed atmosphere. A dedicated fire pit area creates the perfect setting to gather with friends during the cooler months, adding warmth and character to an already impressive outdoor zone. The added bonus of rear access to the property further enhances practicality, offering additional space for vehicles, trailers, recreational equipment or future possibilities.

Located close to quality schools, parklands, Stud Park Shopping Centre, public transport and major road connections, this is a home that combines updated comfort, entertaining appeal and long-term lifestyle convenience in one highly desirable location.

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

  • Built-in Robes
  • Gas Heating
  • Outdoor Entertaining
  • Shed
  • Toilets: 1
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.