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 › Palmerston Rd
$2,200,000
Last sold
30 Oct 2023
7
Bedrooms
3
Bathrooms
7
Car spaces
2,001 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
$2,200,000
30 Oct 2023 · 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
+65.2%
Median sale
Suburb $1,332,000
-0.97 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 Harcourts BoroniaPersonifying luxury in its finest form, this stunning family residence is located in one of Melbourne's most desirable lifestyle suburbs. This resort style home really embraces indulgent dimensions & architecture, elegant entertaining, and state-of-the-art inclusions.
Renovated throughout, this immaculate family home is offering its new owner the opportunity to move straight in and sit back and relax, with nothing to do but sit poolside with a cold cocktail. The highly flexible floorplan features a relaxed upstairs master retreat, multiple living zones, both indoor and outdoor, entertainer's kitchen with butler's pantry and so much more!
Sited on a very generous block of 2,001 sqm, there is dual driveway entrance, drive to the left for access to the triple care garage with remote entry and suspended mezzanine floor, pull to the right and meander down the fully concreted driveway (perfect for additional parking for the future parties and gatherings you will be hosting) to the modern four car garage with roller door access, if you are a tradesperson, car enthusiast, or water craft collector you will not find a better block or home design to facilitate all your prized possessions than right here!
From the moment you step inside, you will recognise the style this home offers with the sparkling high gloss, marble look tiles in the foyer, to the vaulted high ceilings showcasing the original architecture. The entrance of the home opens to the formal dining and sunken lounge. From here you can access the upstairs master retreat, downstairs family bedrooms and the open plan living area. Walk through to the gourmet kitchen, a show stopper in both looks and design with 900mm oven with gas stove, mirror splashback, marble benchtops with custom built in timber dining table off the island. With butler's pantry offering sink, fridge space and more storage than you can ever imagine.
The kitchen overlooks the family room and a sizable rumpus room, as well as the stunning alfresco. The undercover alfresco overlooks both the curvaceous pool with separate spa and grassed back yard, making supervising the kids an absolute breeze.
The family quarters of the home offers 5 downstairs bedrooms, all with built in robes. Main bathroom features built in bath, walk in shower and separate toilet. The teenagers retreat has its own ensuite with shower perfect for those looking to cool off after a hot sauna.
Upstairs you are greeted with the master bedroom with private decking overlooking the pool, walk in wardrobe with additional attic storage and the most dramatic ensuite you can imagine. With walk in shower, floating double vanity, custom makeup vanity and full size spa bath offering only the very best in relaxation. Off to the right of the staircase you have a separate bedroom perfect as a nursery, study or reading room, the options are endless.
Expect to be spoiled and impressed with the many thoughtful inclusions in this property, including the comfort of gas ducted heating, evaporative air conditioning, split system heating/cooling, gas log fireplace, underfloor hydronic heating, custom blinds and curtains throughout, solar system, video doorbell with mobile monitoring, landscaping to front and rear and so much more.
Located at the end of a no through road backing onto the serene Grange Drive Playground, despite being mere minutes from Napoleon, Kellett's and Wellington Road, you really do feel a world away in this resort style manor.
Zoned for Lysterfield Primary School and the highly sought-after Rowville Secondary College, offering an elite experience in general excellence, arts, sports, maths/science, located conveniently at the rear of Stud Park Shopping Centre.
Prepare to fall in love!
Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.
Listing description written by John Garnett, Harcourts Boronia — reproduced as published, not verified by Districts.
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