Real Estate Lynbrook Vic 3975

Real Estate Market: Is Lynbrook VIC 3975 a Good Suburb to Buy Into?

Housing Market in Lynbrook

Key Lynbrook Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$668	Top 29%	224% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Lynbrook

Lynbrook Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Lynbrook

22.3%

Melbourne

28.8%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Development applications	11.6	Top 22%	53% to Jun 2025
Developments	0.1	Bottom 23%	Data for Jul 2023
Housing Stock Quality Indicator	45.9	Top 15%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	65 lots	Top 5%	3150% to Sep 2022
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	12	Top 13%	1100% to Mar 2025

Housing Stock Quality in Lynbrook

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	92.2%	Bottom 23%	4% to Jan 2021
Average bedrooms - all homes	3.5	Top 2%	2% to Jan 2021
NBN connection: fibreoptic cable to node	95.7%	Top 2%	Data for Jun 2023

Development Restrictions in Lynbrook

Lynbrook Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Lynbrook

45.4%

Melbourne

36.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Total area	4.5 sq km	Bottom 39%	Data for Jan 2021
Heritage overlay total area	0.0 sq km	Bottom 37%	Data for Jun 2023
Residential density	470 sqm per resident	Bottom 26%	Data for Jan 2021

Risk in Lynbrook

Lynbrook Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Lynbrook

51.5

Melbourne

49.7

Compare
Suburbs

Field	Value	VS Melbourne	Trend
% Owner Occupied	83.4%	Bottom 23%	1% to May 2023
% Rentals	16.6%	Top 23%	8% to May 2023
Housing Affordability Index	47	Top 16%	Data for Jun 2023
Median monthly mortgage	$2,030	Top 44%	14% to May 2023
Rent Affordability Index (Houses)	77	Bottom 39%	Data for Jun 2023
Rent Affordability Index (Units)	74	Bottom 37%	Data for Jun 2023
Mortgage as a percent of income	20.4%	Bottom 39%	17% to Jan 2021
Mortgaged Dwellings	64.5%	Top 4%	9% to May 2023

Housing Demand in Lynbrook

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Lynbrook

83.9%

Melbourne

82.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	21000	Top 17%	14% to Dec 2036
Historical Population (SA3)	250000	Top 1%	227% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	483000	Top 1%	168% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Lynbrook

Lynbrook Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$479	Bottom 45%	223% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	55.9%	Bottom 20%	29% to Mar 2025

Median House Rental Prices by Street (23)

Street	Date	Median rent (per week)
Forbes Ave	22 Mar 2025	$640
Gilmore Cr	22 Mar 2025	$547
Durack Ave	22 Mar 2025	$745
Dutton Cl	22 Mar 2025	$572
Elliott Pde	22 Mar 2025	$620

LGA Details (1)

Headline	Place	Datetime
Local government area	Casey

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
116.7%	Hopegood Pl	very high turnover	Every 8.6 years (very high turnover)	2025
68.8%	Gilmore Cr	average turnover	Every 14.5 years (average turnover)	2025
87.5%	Elliott Pde	average turnover	Every 11.4 years (average turnover)	2025
94.7%	Tranter Sq	high turnover	Every 10.6 years (high turnover)	2025
85.7%	Cathedral Ct	average turnover	Every 11.7 years (average turnover)	2025

Accommodation Options (5)

Realtors (1)

Headline	Place	Datetime
Sterling Real estate	Shop 5 75 Lynbrook Bvd

Percent of Renters by Street (100)

Percent of Renters	Street
37.2%	Aisbett Cl
6.0%	Alfonso Ct
46.9%	Alkoomi Ct
0.0%	Amy Mack Walk
50.7%	Andretti Ave

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
48 Olive Rd	Price Withheld	5.0	2.0	2.0	19 Mar 2025	On Market
20 Sugar Bush Dr	$960,000	5.0	2.0	2.0	18 Mar 2025	On Market
11 Kalamata Ave	$755,000	4.0	2.0	2.0	18 Mar 2025	On Market
9 Dutton Cl	$730,000	3.0	2.0	2.0	12 Mar 2025	On Market
14 Parslow Cr	$1,065,000	5.0	3.0	4.0	11 Mar 2025	On Market

Median Unit Sale Prices by Street (17)

Date	Median sale value	Street
10 May 2024	$2,982,000	Guru Bvd
10 May 2024	$445,000	Hinterland Cl
06 Oct 2023	$528,500	Bay Laurel Cl
06 Oct 2023	$552,000	Speranza Pl
06 Oct 2023	$552,000	Silver Creek Dr

Planning Applications: Other (22)

Headline	Place	Date
Amendment to Amended Planning Permit PlnA00362/17.A (Use and Development of a Child Care Centre, Office and Veterinary Clinic) - Casey City Council PPA25-0028	4 Wally Place Lynbrook VIC 3975	20 Mar 2025
Amendment to Amended Planning Permit PlnA00362/17.A (Use and Development of a Child Care Centre, Office and Veterinary Clinic) - Casey City Council PPA25-0028	4 Wally Place Lynbrook VIC 3975	20 Mar 2025
Amendment to Amended Planning Permit PlnA00362/17.A (Use and Development of a Child Care Centre, Office and Veterinary Clinic) - Casey City Council PPA25-0028	4 Wally Place Lynbrook VIC 3975	20 Mar 2025
Amendment to Planning Permit PA23-0140 (Works and Use of Land for a Private Car Park) - Casey City Council PPA25-0017	1 Wally Place Lynbrook VIC 3975	20 Feb 2025
VICSMART - Change of Use to a Satellite Fire Station - Casey City Council VS24-0127	50 Commercial Drive Lynbrook VIC 3975	07 Dec 2024

Planning Applications: Industrial (2)

Headline	Place	Date
Amendment to Planning Permit PA24-0308 (Development of 41 Warehouses (with Ancillary Offices) and a Reduction in Car Parking Requirements) - Casey City Council PPA24-0150	22-30 Northey Road Lynbrook VIC 3975	24 Nov 2024
Development of 41 Warehouses (with Ancillary Offices) and a Reduction in Car Parking Requirements - Casey City Council PA24-0308	22-30 Northey Road Lynbrook VIC 3975	20 Jun 2024

Planning Applications: Dwellings (2)

Headline	Place	Date
Staged Development and Subdivision of 17 Dwellings and Creation of a Restriction - Casey City Council PA24-0656	3S Morris West Circuit Lynbrook VIC 3975	22 Nov 2024
Amendment to Planning Permit PA21-0576 (Development of 22 Dwellings and 22 Lot Subdivision) - Casey City Council PPA23-0138	74S Lynbrook Boulevard Lynbrook VIC 3975	07 Sep 2023

Businesses (35)

Name	Address
South East Rendering & Painting	19 Hanrahan Wynd, Lynbrook VIC 3975, Australia
Healey Excavation PTY Ltd.	22 Commercial Dr, Lynbrook VIC 3975, Australia
Void Electrical	Olive Rd, Lynbrook VIC 3975, Australia
Ozpro Electrical & Data	46 Henry Lawson Dr, Lynbrook VIC 3975, Australia
AC Power Electrical	34 Silver Creek Dr, Lynbrook VIC 3975, Australia

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Elphin Cl	06 Oct 2023	$1,009,000
Caversham Tce	10 May 2024	$916,000
Dennis Cl	10 May 2024	$845,500
Dutton Cl	10 May 2024	$700,000
Elliott Pde	10 May 2024	$813,000

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
8 Hinterland Cl	Price Withheld	2.0	2.0	1.0	20 Mar 2025
8 Hinterland Cl	Price Withheld	2.0	2.0	1.0	20 Mar 2025
8 Hinterland Cl	Price Withheld	2.0	2.0	1.0	20 Mar 2025
184 Paterson Dr	$4,501,955	2.0	1.0	2.0	16 Jan 2025
184 Paterson Dr	$4,501,955	2.0	1.0	2.0	16 Jan 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
1 Hasluck Cr	$600	4	2	2	18 Mar 2025
1 Hasluck Cr	$600	4	2	2	18 Mar 2025
1 Hasluck Cr	$600	4	2	2	18 Mar 2025
19 Astley Wynd	$650	4	2	2	14 Mar 2025
19 Astley Wynd	$650	4	2	2	14 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
24a Silver Creek Dr	$690,000	3.0	2.0	2.0	24 Feb 2025	On Market
24a Silver Creek Dr	$690,000	3.0	2.0	2.0	24 Feb 2025	On Market
24a Silver Creek Dr	$690,000	3.0	2.0	2.0	24 Feb 2025	On Market
24a Silver Creek Dr	$690,000	3.0	2.0	2.0	24 Feb 2025	On Market
24a Silver Creek Dr	$690,000	3.0	2.0	2.0	24 Feb 2025	On Market