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VIC › Lynbrook › Banjo Circuit

60 Banjo Circuit, Lynbrook VIC 3975

House

$642,000

Last sold

24 Mar 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $642,000 (24 Mar 2021).(Recorded sale)

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

$642,000

24 Mar 2021 · derived via latest_sale

Lynbrook at a glance

10,637

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Lynbrook report →

Vs Lynbrook

-27.0%

Median sale

Suburb $880,000

+1.36 pp

Gross yield

Suburb 3.69%

Suburb median $880,000 from 46 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$642,00024 Mar 2021
  2. Listedprice unknowncompleted3 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 $624/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

Lynbrook in one glance

Lynbrook at a glance

10,637

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

Median sale from 46 recorded sales (last 12 months) — a Districts calculation.

See the full Lynbrook report →

Keep researching

  • Why Lynbrook? Read the area thesis →
  • What else is on the market in Lynbrook →
  • Other records on Banjo Circuit →

Listing material

Listed by Ray White Cranbourne

SOLD BY CHAMINDA GUNASEKARA

LYNBROOK: Well-presented and peacefully positioned with all the necessary features, this functional home will impress any buyer. Ideally suited to first timers or down sizers, this practical floor plan would also suit those looking to invest.

The property is just a short drive away from the local Lynbrook Shopping Village, schools, parks and public transport. The Sikh Temple is also just a short walk away as well.

If you have been contemplating entering the housing market and want to avoid building then an inspection of this property is a must!

Read the full description

Added internal and external features include;

* Downstairs master bedroom with full en suite & WIR

* Separate upstairs living area

* Downstairs family living

* Open plan kitchen & meals zone

* Ducted heating

* Air conditioner

* 600 mm oven & 4 burner gas cook top

* Stone bench tops in the kitchen

* Dishwasher

* Three toilets including a powder room

* Double garage with internal access

* Separate store room in the garage

* Water tank

- Lynbrook station is approximately fifteen minutes' walk away from the house

- Lynbrook Primary School is approximately six minutes' drive away from the house

- Banjo Patterson Park (wetland, sporting ground, walking trails, public BBQ area and kids play area) is approximately 7 minutes' drive away from the house

- St. Francis de Sales Primary School is approximately four minutes' drive away from the house

- Lynbrook shopping centre is approximately five minutes' drive away from the house

- Lynbrook Hotel is approximately five minutes' drive away from the house

- Nanaksar Thath (Sikh Temple) is approximately eight minutes' walk away from the house

- Easy access to South Gippsland Highway and Monash Freeway

**PHOTO ID REQUIRED AT ALL INSPECTIONS**

DISCLAIMER:

Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent or agency.

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

Property features

  • Toilets: 3
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.