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VIC › Lynbrook › Pedley Way

3 Pedley Way, Lynbrook VIC 3975

House

$865,500

Last sold

18 Mar 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

554 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 $865,500 (18 Mar 2024).(Recorded sale)
  • FactLand 554 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lynbrook (last 5 years) with land size: median $1,544/m² of land (n=76). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

$865,500

18 Mar 2024 · derived via latest_sale

Local land rate: recorded House sales in Lynbrook (last 5 years) with land size have a median of $1,544/m² of land (n=76). Districts calculation from recorded sales — not a valuation.

Lynbrook at a glance

10,637

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Lynbrook report →

Vs Lynbrook

-1.6%

Median sale

Suburb $880,000

+0.06 pp

Gross yield

Suburb 3.69%

Suburb median $880,000 from 46 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$865,50018 Mar 2024
  2. Listedprice unknowncompleted16 Feb 2024

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 $624/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

Lynbrook in one glance

Lynbrook at a glance

10,637

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Lynbrook report →

Keep researching

  • Why Lynbrook? Read the area thesis →
  • What else is on the market in Lynbrook →
  • Other records on Pedley Way →

Listing material

Listed by Area Specialist Casey

AFFORDABLE GEM IN LYNBROOK…

Lynbrook; LYNBROOK ESTATE: Situated within the prestigious Lynbrook Estate in Lynbrook, this exceptional property stands as a testament to refined living and sophisticated elegance. A distinguished address renowned for its elevated lifestyle, this residence embodies an unmatched standard of comfort and luxury.

Greeted by a warm and inviting ambiance, the spacious family/dining area serves as the heart of the home. The well-appointed kitchen, equipped with modern appliances and ample storage, is a chef's delight, making meal preparation a breeze. Boasting generously sized bedrooms, including a luxurious master suite, this residence provides ample space for the whole family to enjoy.

Venture outdoors to find your secluded outdoor sanctuary, perfect for dining under the stars, hosting gatherings, or simply relaxing in serene surroundings. The impeccably landscaped garden offers a charming setting for outdoor get-togethers and family fun. Convenience reigns supreme with a double-car garage ensuring secure parking for your vehicles alongside an extra storage room. This home epitomizes contemporary family living, combining style, practicality, and comfort seamlessly. Don't let this opportunity slip away to make this exquisite property your own.

Read the full description

Main Features of the Property:

- Land Size: 554sqm (approx.)

- 3 Bedrooms

- Master Ensuite

- Walk In Robe

- Built in Robes

- Formal Lounge

- Family/Dining Area

- Outdoor Living

- Open Plan Kitchen

- Quality Appliances

- Pantry

- Laundry

- 2XLinen Cupboards

- Double Garage

- Side Access

- Low Maintenance Backyard

Heating: Yes

Downlights: Yes

Dishwasher: Yes

- Chattels: All Fittings and Fixtures as Inspected as Permanent Nature

- Deposit Terms: 10% of Purchase Price

- Preferred Settlement: 30/45/60 Days

You cannot get better than this location. Located minutes away from the M1 Freeway, South Gippsland Hwy, and other amenities such as.

- Primary and Secondary Schools

- Medical Centres

- Public Transport

- Lynbrook Shopping Centre

- Lynbrook Train Station

- Cranbourne Shopping Centre

- South Gippsland HWY

- Princes HWY

- Sporting Facilities

- Cafes and Restaurants

- Parks And Playgrounds

This property offers spacious living areas, ample storage, and modern amenities, making it an ideal home for families seeking comfort and convenience. With its generous land size and outdoor living space, it provides plenty of room for both indoor and outdoor activities. The inclusion of heating, cooling, and quality appliances enhances the overall comfort and functionality of the property. Contact YOUR AREA SPECIALIST HARDEEP SINGH to book a viewing.

PHOTO ID REQUIRED AT OPEN HOMES.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Hardeep Singh, Area Specialist Casey — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Outdoor Entertaining
  • Secure Parking
  • Toilets: 2
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.