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.
VIC › Lyndhurst › Olida Grove
$586,000
Last sold
3 Mar 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$586,000
3 Mar 2020 · derived via latest_sale
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.
Vs Lyndhurst
-38.8%
Median sale
Suburb $957,500
+1.98 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 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 $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.
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
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.
Listing material
Listed by Ray White CranbourneLYNDHURST: 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.
The property itself was constructed by Metricon and has a free-flowing floor plan. The hostess kitchen which overlooks the open plan dining and family area features stainless steel appliances, Caesar stone benches, ample cupboard and bench space plus a built-in pantry. Those who are needing additional space will be thoroughly impressed with the separate front lounge.
There are three spacious bedrooms on offer, the master suite features a large walk in robe and a full en suite while the remaining bedrooms have built in robes and a are serviced by the central bathroom.
Additional features include timber decked outdoor space, low maintenance gardens, secure backyard and parkland across the road.
Properties like these do not last long so if you are looking to secure this home and do not want to lose out, please make sure to attend the open for inspection.
Added internal and external extras include;
* Built by Metricon in 2013
* Approximately 334 sqm land
* Open plan living kitchen, dining & family
* Separate lounge room
* Three bedrooms
* Caesar stone benches in kitchen
* Stainless steel wall oven and gas cook top
* Built in pantry
* Ducted heating
* Evaporative cooling
* Master bedroom with air conditioner
* Master with walk in robe
* Full en suite with Caesar stone benches
* Internal access from garage
* Parkland very close to the house
* Marriott Waters shopping centre is approximately ten minutes' walk away from the house
* Lyndhurst Primary School is approximately fifteen minutes' walk away from the house
* Merinda Park station is approximately four minutes' drive away from the house
* Lyndhurst Kindergarten, Early parenting centre, Maternal and child health services centre are approximately three minutes' drive away
* Easy access to Thompsons Road and Western Port Highway
* 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 rooms and a pool.
**PHOTO ID REQUIRED AT ALL INSPECTIONS**
**Our floor plans and photos are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans and photos**
Listing description written by Chaminda Gunasekara, Ray White Cranbourne — reproduced as published, not verified by Districts.