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 › Heritage Way
$1,944,000
Last sold
9 Aug 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
1,625 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
$1,944,000
9 Aug 2025 · derived via latest_sale
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
+45.9%
Median sale
Suburb $1,332,000
-0.77 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.
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 GullyPrivately tucked into the prestigious Carrington Estate, this spectacular residence on a generous 1,625sqm (approx.) offers an exceptional lifestyle of comfort, space and sophistication. Designed for grand entertaining and relaxed family life, the home exudes timeless elegance with high ceilings, modern interiors and a clever layout that delivers multiple zones for both entertaining and quiet retreat. Four spacious bedrooms are positioned upstairs, with a dedicated study downstairs that's ideal for those working from home. The master suite is a true sanctuary, featuring a luxe ensuite and walk-in robe, while the remaining bedrooms share a modern, central bathroom.
Step into the heart of the home and you'll discover an entertainer's dream. The stone-appointed kitchen, complete with Westinghouse gas cooktop, NEFF oven and grill, glass splashback and a large breakfast bar, flows effortlessly into the meals and family area, creating an inviting open-plan space that brings everyone together. Separate formal dining and living areas offer options for hosting or relaxing, while a rumpus and retreat provide even more versatility for families.
Outside, the magic continues. A sparkling solar-heated concrete pool with integrated spa becomes the centrepiece of your outdoor oasis, with a luxurious pool house equipped with bi-fold doors, powder room, TV, kitchenette with sink and fridge and a clever servery window to the firepit zone. Entertain all year round under the expansive alfresco deck, enjoy the tranquillity of the water feature, or unwind with a glass of wine as you soak in the breathtaking views of the Dandenong Ranges.
Practicality hasn't been overlooked, with evaporative cooling, ducted heating, split system, a laundry and internal powder room, plus a water tank for the gardens. Car lovers, tradies and adventurers alike will love the huge double garage, a second garage in the backyard, storage shed, and drive-through driveway offering ample off-street parking and easy access for boats, caravans or trailers. With a sprawling north-facing backyard that provides plenty of room for kids and pets, this is a home where your family can grow, thrive and live in complete comfort.
Features:
• 1,625sqm (approx.) block in Carrington Estate
• North-facing backyard
• Drive-through driveway with ample off-street parking
• Backyard vehicle access
• Double garage
• Second garage/shed at the rear
• Additional storage shed
• Room for a boat, caravan or trailer
• Four spacious bedrooms
• Dedicated study/home office
• Four separate living zones: formal living, family, rumpus and retreat
• High ceilings throughout
• Modern bathrooms
• Powder room (downstairs)
• Open-plan kitchen, meals and family area
• Separate formal living and dining spaces
• Carpeted upstairs level
• Laundry with outdoor access
• Stone benchtops
• Westinghouse gas cooktop
• NEFF electric oven and grill
• Glass splashback
• Breakfast bar
• Ample storage
• Seamless connection to meals and family area
• Ducted heating
• Evaporative cooling
• Split system
• Water tank
• Solar-heated concrete pool with spa
• Pool house with:
• Bi-fold doors
• Kitchenette (sink and fridge)
• Powder room
• Wall-mounted TV
• Servery window to firepit zone
• Firepit entertaining area
• Alfresco area with decking
• Water feature in the backyard
• Lush lawn and established gardens
• Breathtaking views of the Dandenong Ranges
Location:
Positioned in one of Lysterfield's most exclusive pockets, 42 Heritage Way is surrounded by top-tier amenities. Families are well catered for with zoning to Lysterfield Primary, Park Ridge Primary, Karoo Primary and Rowville Secondary College. Outdoor enthusiasts will love being close to Lysterfield Reserve, Koolamara Waters, Churchill National Park and the Waterford Valley Golf Course. Shop with ease at Wellington Village, Stud Park or Rowville Lakes Shopping Centre, and enjoy quick access to Ferntree Gully Station for city commuting. Everything you need is right at your fingertips, all while enjoying the prestige and tranquillity of Carrington Estate.
Onsite Auction Saturday 9th of August at 2pm
Listing description written by Ben Thomas, Ray White Ferntree Gully — reproduced as published, not verified by Districts.