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VIC › Lysterfield › Grange Dr

60 Grange Dr, Lysterfield VIC 3156

House

$1,628,000

Last sold

11 Sept 2023

5

Bedrooms

2

Bathrooms

2

Car spaces

1,723 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 $1,628,000 (11 Sept 2023).(Recorded sale)
  • FactLand 1,723 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lysterfield (last 5 years) with land size: median $1,510/m² of land (n=111). 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

$1,628,000

11 Sept 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.

See the full Lysterfield report →

Vs Lysterfield

+22.2%

Median sale

Suburb $1,332,000

-0.45 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 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$1,628,00011 Sept 2023
  2. Listedprice unknowncompleted6 July 2023

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 $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.

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

Lysterfield in one glance

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.

See the full Lysterfield report →

Keep researching

  • Why Lysterfield? Read the area thesis →
  • What else is on the market in Lysterfield →
  • Other records on Grange Dr →

Listing material

Listed by Ray White Ferntree Gully

Luxurious Carrington Estate on 1,722sqm approx

THE PROPERTY

Rising to a new level of sophistication, this impressive two-storey residence is proudly set in the prestigious Carrington Estate on a huge 1,722sqm approx. block. Framed by lush greenery, the Federation-style façade and wrap-around verandah and balcony provide a warm welcome, while inside the sprawling home boasts four bedrooms and three vast living zones, with 9-foot ceilings delivering a sense of space throughout. The plush fireside lounge offers a serene sanctuary for relaxation, while the exceptionally spacious open plan living domain is bathed in natural light, opening out to the luxurious alfresco paved with terracotta tiling, completed by a stunning 6-seater therapeutic spa. Proudly flaunting cutting-edge appointments, gourmets will relish the space and premium appliances in the sparkling kitchen. Elegant from every angle, the master bedroom offers a walk-in robe and premium ensuite, enhanced by porcelain tiles and Blackwood vanity. Upstairs, the sleek family-sized bathroom flaunts a spa bath, with three generous robed bedrooms ideally positioned alongside a separate living space with balcony access, perfect for growing families. With a ground floor study offering flexibility as a fifth bedroom, and the addition of under floor slab heating, ducted heating, evaporative cooling and split system air con, space and comfort year-round is assured. Adding to the appeal, gorgeous double hung and double-glazed windows, a 50,000-litre underground water tank, and a circular drive leading to the double garage, with a second workshop located in the massive rear yard beyond, this spectacular home offers a tranquil lifestyle for the discerning family.

THE FEATURES

Read the full description

• Luxurious four-bedroom, two-bathroom residence

• Three vast living zones offer exceptional space

• Ground floor master bedroom features premium ensuite & WIR

• Three further first floor bedrooms include walk-in or BIR storage

• Family sized bathroom flaunts shower, spa bath, vanity & toilet

• Ground floor study offers flexibility for a fifth bedroom

• Stunning tiled verandah & alfresco with 6-seater spa

THE LOCATION

Positioned in a premiere location in the highly sought-after Carrington Estate, with Wellington Village shops nearby, abundant surrounding parkland and local schools within easy reach including Lysterfield Primary, Park Ridge Primary, Rowville Secondary College and St Joseph's College.

Listing description written by Ben Thomas, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

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.