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.
VIC › Lysterfield › Sullivan Ave
$950,000
Last sold
15 Aug 2026
3
Bedrooms
2
Bathrooms
0
Car spaces
794 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
$950,000
15 Aug 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Lysterfield (last 5 years) with land size have a median of $1,510/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.
Vs Lysterfield
-28.7%
Median sale
Suburb $1,332,000
+0.99 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 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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownVictoria 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.
Area
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.
Listing material
Listed by Ray White Ferntree GullySet behind an attractive brick façade with an exposed aggregate driveway and ample off-street parking, this beautifully presented residence delivers a welcoming combination of comfort, style and functionality in a highly sought-after Lysterfield location.
Designed for effortless everyday living, the heart of the home showcases a light-filled open plan kitchen, living and dining area enhanced by soaring vaulted ceilings, elegant pendant lighting and luxury vinyl plank flooring. Floor-to-ceiling windows create an inviting first impression, filling the home with natural light from the moment of arrival, while tinted street-facing windows provide enhanced privacy.
The well-appointed kitchen offers granite stone benchtops, a tiled splashback, walk-in pantry, dishwasher and a gas cooktop and oven, making it a practical and stylish space for preparing meals and entertaining guests. A cleverly positioned European laundry is also incorporated into the kitchen for added convenience.
Large bifold doors seamlessly connect the main living area to the covered pergola, creating an inviting space for year-round entertaining while overlooking the neat and manicured backyard. Vehicle access through the side gate provides added versatility, while two storage sheds offer excellent space for tools, gardening equipment or additional storage.
Accommodation comprises three well-proportioned bedrooms, all featuring new plush carpeting. The spacious main bedroom is complete with a walk-in robe, split system air conditioning and a private ensuite featuring floor-to-ceiling tiling, a ceramic vanity and excellent storage. The remaining two bedrooms include built-in robes, with the middle bedroom also featuring its own split system air conditioner. The central bathroom retains its original character with distinctive half-height blue wall tiling, a shower, bath and single vanity, while a separate WC services the home.
Additional comforts include a new Daikin ducted refrigerated heating and cooling system, complemented by evaporative cooling to provide the luxury and flexibility of both refrigerated and evaporative climate control. Further features include LED downlights throughout the bedrooms and central bathroom, solar panels, a comprehensive CCTV security system for added peace of mind, and quality finishes that enhance both comfort and everyday functionality.
Positioned within easy reach of schools, parks, shopping and transport, this is an outstanding opportunity for families seeking a well-maintained home in an established neighbourhood.
Features:
• Three bedrooms
• Main bedroom with walk-in robe
• Ensuite to main bedroom
• Built-in robes to remaining bedrooms
• Split system air conditioner to main & middle bedroom
• New carpet throughout all bedrooms
• Open plan kitchen, living and dining
• Vaulted ceiling to living area
• Luxury vinyl plank flooring
• Granite stone benchtops
• Walk-in pantry
• Gas cooktop
• Gas oven
• Dishwasher
• European laundry
• New Daikin ducted refrigerated heating and cooling system
• Evaporative and refrigerated cooling systems
• Covered pergola
• Bifold doors to outdoor entertaining
• Neat and manicured backyard
• Vehicle access to backyard
• Two storage sheds
• Exposed aggregate driveway with ample off-street parking
• Tinted street-facing windows for enhanced privacy
• CCTV security system throughout the home
• Solar panel system
• Garage plans approved by council
Location:
Enjoy the convenience of a family-friendly location within walking distance of Barry Reserve, Rowville Secondary College, Park Ridge Primary School and Lysterfield Primary School. Nearby amenities include Park Ridge Reserve, Lakesfield Reserve, Wellington Village Shopping Centre, Stud Park Shopping Centre, Rowville Lakes Shopping Centre, Karoo Primary School and Ferntree Gully Station, providing easy access to shopping, recreation, education and public transport.
On Site Auction Saturday 29th of August at 12:45pm
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Listing description written by Jack Rickard, Ray White Ferntree Gully — reproduced as published, not verified by Districts.