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VIC › Lyndhurst › Gregson Grove

41 Gregson Grove, Lyndhurst VIC 3975

House

$621,240

Last sold

15 Apr 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

327 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 $621,240 (15 Apr 2021).(Recorded sale)
  • FactLand 327 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lyndhurst (last 5 years) with land size: median $1,735/m² of land (n=59). 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

$621,240

15 Apr 2021 · derived via latest_sale

Local land rate: recorded House sales in Lyndhurst (last 5 years) with land size have a median of $1,735/m² of land (n=59). Districts calculation from recorded sales — not a valuation.

Lyndhurst at a glance

8,922

People

$957,500

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Lyndhurst report →

Vs Lyndhurst

-35.1%

Median sale

Suburb $957,500

+1.69 pp

Gross yield

Suburb 3.12%

Suburb median $957,500 from 42 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$621,24015 Apr 2021
  2. Listedprice unknowncompleted9 Mar 2021

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 $575/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

Lyndhurst in one glance

Lyndhurst at a glance

8,922

People

$957,500

Median sale

$575/wk

Median rent

3.12%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Lyndhurst report →

Keep researching

  • Why Lyndhurst? Read the area thesis →
  • What else is on the market in Lyndhurst →
  • Other records on Gregson Grove →

Listing material

Listed by Ray White Cranbourne

SOLD BY CHAMINDA GUNASEKARA

LYNDHURST: If you are looking for a property offering outstanding value for money which is located minutes from school, shops, parks and public transport then you have come to the right address! Ideally suited to first timers this functional floor plan would also suit those looking to invest.

Anyone who enjoys an open plan structure will for sure fall in love with the makeup of the kitchen, dining area, living area and the backyard access. Not to forget the formal lounge at the front half of the property.

Added internal and external features include;

Read the full description

- Built in 2010

- Two separate living areas

- Gas ducted heating

- Air conditioner

- Walk in pantry

- Dishwasher

- Five burner gas cook top

- 600 mm oven

- Double lock up garage with remote access

- Internal access

- Fully secure backyard

* Merinda Park station is approximately three minutes' drive away from the house

* Lyndhurst Primary School is approximately five minutes' walk away from the house

* Lyndhurst Secondary College is approximately seven minutes' drive away from the house

* Marriott Waters shopping centre & Medical Centre are within ten minutes' walk away from the house

* Lynbrook station is approximately six minutes' drive away from the house

* Sports ovals plus Cricket nets within walking distance

* Lyndhurst Kindergarten, Early parenting centre, Maternal and child health services centre are approximately five minutes' walk away from the house

* Easy access to Thompsons Road and Western Port Highway

* Also it is located within walking distance to Marriott Waters' wetlands, park lands, a network of walking and cycling paths, picnic and barbecue facilities, public art and wetland sculptures

* One of the prestigious characteristics of Marriott Waters is its Residents Club. The Residents Club includes a fully-equipped gymnasium with wetland view, function and multi-purpose room and a swimming pool.

BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW! - *PHOTO ID REQUIRED AT ALL INSPECTIONS*

Listing description written by Chaminda Gunasekara, Ray White Cranbourne — reproduced as published, not verified by Districts.

Property features

  • 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.