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VIC › Lysterfield › Grange Dr

40 Grange Dr, Lysterfield VIC 3156

House

$2,250,000

Last sold

23 May 2026

6

Bedrooms

3

Bathrooms

3

Car spaces

1,351 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 $2,250,000 (23 May 2026).(Recorded sale)
  • FactLand 1,351 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lysterfield (last 5 years) with land size: median $1,482/m² of land (n=111). 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

$2,250,000

23 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Lysterfield (last 5 years) with land size have a median of $1,482/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.

See the full Lysterfield report →

Vs Lysterfield

+68.9%

Median sale

Suburb $1,332,000

-1.00 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$2,250,00023 May 2026
  2. Listedprice unknowncompleted1 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 Grange Dr →

Listing material

Listed by Ray White Ferntree Gully

Landmark Family Estate with Grand Proportions and Resort-Style Living

Commanding attention from its wide frontage and secure gated presence, this substantial residence in the prestigious Carrington Estate delivers an exceptional standard of family living, where scale, elegance and lifestyle excellence combine. Framed by manicured, low-maintenance gardens and enhanced by feature lighting across the façade, the home makes a striking first impression, setting the tone for what lies beyond.

A grand entrance with double swing doors and decorative stained glass opens to a soaring foyer, where high ceilings with intricate rose detailing and statement pendant lighting create an immediate sense of refinement. The home unfolds into a series of beautifully appointed living zones, each thoughtfully designed to accommodate both formal entertaining and relaxed day-to-day living.

The formal lounge and dining rooms offer an elegant setting for hosting, enhanced by classic detailing and a sense of separation and privacy. Moving further into the home, expansive open-plan family and rumpus areas provide a more casual environment, complete with built-in speakers, generous proportions and seamless connection to the outdoor entertaining domain. These spaces are unified by quality finishes, natural light and a layout that promotes effortless flow throughout.

Read the full description

At the centre of the home, the kitchen is designed to meet the demands of large-scale family living and entertaining. Featuring an extended stone benchtop, quality cooking appliances including gas and electric options, a spacious pantry and a functional layout, it connects beautifully to a generous meals area highlighted by a bay window that frames views of the outdoor setting.

Accommodation is both abundant and versatile, thoughtfully arranged to cater to growing families. Upstairs, five generously sized bedrooms provide comfortable retreats, each appointed with built-in storage and large windows capturing natural light and outlooks. The main suite is a true sanctuary, complete with a walk-in robe and a spacious ensuite featuring a spa bath, rainfall shower and double vanity with stone finishes. A central family retreat offers additional living space, ideal as a quiet escape or shared relaxation zone, complemented by a well-appointed main bathroom.

Downstairs, a sixth bedroom currently utilised as a home office includes built-in joinery, offering flexibility for remote work, guest accommodation or multi-generational living arrangements.

Stepping outdoors, the property transforms into a private resort-inspired haven. A substantial decked entertaining area provides the perfect setting for gatherings, overlooking a sparkling pool complete with water feature and ambient lighting. The surrounding gardens offer both beauty and practicality, with lush lawn areas, a dedicated children's play space, cubby house and vegetable gardens creating a well-rounded environment for family enjoyment. A separate shed adds further functionality to the outdoor space.

Vehicle accommodation is exceptional, with a triple garage offering direct rear access, complemented by an expansive driveway capable of accommodating multiple additional vehicles with ease.

Further enhancing the home's appeal are a host of premium inclusions, including ducted heating, refrigerated cooling, a comprehensive alarm system, CCTV surveillance, solar power and a recently updated hot water system, ensuring comfort, efficiency and peace of mind.

Delivering space, flexibility and a lifestyle-focused design in one of Lysterfield's most admired pockets, this is a residence that caters effortlessly to the needs of modern family living while offering an impressive setting for entertaining on any scale.

Features:

• Triple car garage

• Additional driveway parking for five vehicles

• Secure front fence with gated entry

• Wide frontage

• Grand double door entrance with stained glass

• High ceilings with decorative rose detailing

• Multiple living zones

• Formal lounge and dining area

• Family and rumpus rooms with built-in speakers

• Stone benchtop kitchen

• Gas and electric cooking appliances

• Large pantry

• Meals area with bay window

• Main bedroom with spa ensuite and walk-in robe

• Family retreat upstairs

• Sixth bedroom or home office with built-in joinery

• Ducted heating

• Refrigerated cooling

• Alarm system and CCTV cameras

• Resort-style pool with water feature and deck

Location:

Set within the highly regarded Carrington Estate, the home enjoys convenient access to a range of lifestyle amenities. Within walking distance to Greenbank Reserve, Lakesfield Reserve and Grange Drive Playground, it also offers proximity to Lysterfield Primary School, Rowville Secondary College, St Joseph's College, Park Ridge Primary School and Karoo Primary School. Nearby transport options include Ferntree Gully Station and Village, while shopping destinations such as Mountain Gate, Stud Park and Westfield Knox are all easily accessible. Recreational attractions including Waterford Valley Golf Course and surrounding parklands further enhance the appeal of this well-connected location.

Onsite Auction Saturday 23rd of May at 3pm

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 Ben Thomas, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Deck
  • Ducted Heating
  • In-Ground Pool
  • Shed
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.