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Real Estate Market: Is Lysterfield VIC 3156 a Good Suburb to Buy Into?
Housing Market in Lysterfield
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| $705 | Top 21% |
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Housing Supply in Lysterfield
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
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 30.8 | Top 21% |
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| 0.2 | Bottom 25% | Data for Jul 2023 | ||
| 74.9 | Top 7% | Data for May 2023 | ||
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| 2 lots | Bottom 13% | Data for May 2023 | ||
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| 14 | Top 9% |
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Housing Stock Quality in Lysterfield
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 99.7% | Bottom 37% | 0 to Jan 2021 | ||
| 3.2 | Top 6% |
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| 10.4% | Top 15% | Data for Jun 2023 |
Development Restrictions in Lysterfield
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 5.1 sq km | Bottom 42% | Data for Jan 2021 | ||
| 8.7 sq km | Top 1% | Data for Jun 2023 | ||
| 492 sqm per resident | Bottom 28% | Data for Jan 2021 |
Risk in Lysterfield
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 94.8% | Top 39% | 0 to May 2023 | ||
| 5.2% | Bottom 39% |
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| 59 | Top 7% | Data for Jun 2023 | ||
| $2,450 | Top 24% |
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| 79 | Top 45% | Data for Jun 2023 | ||
| 73 | Bottom 35% | Data for Jun 2023 | ||
| 18.4% | Bottom 30% |
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| 58.8% | Top 9% |
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Housing Demand in Lysterfield
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
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| 6810 | Bottom 24% |
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| 162000 | Top 10% |
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| 180000 | Top 9% |
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Unit Market in Lysterfield
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| $596 | Top 16% |
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| 57.6% | Bottom 17% |
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Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Napoleon Rd | 10 May 2024 | $925,000 |
| Allamanda Bvd | 10 May 2024 | $1,312,000 |
| Belgrave-Hallam Rd | 10 May 2024 | $3,650,000 |
| Herman Ct | 10 May 2024 | $942,500 |
| Crusoe Dr | 10 May 2024 | $1,285,000 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Knox |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 0.1% | Allamanda Bvd |
| 0.0% | Alocasia Cl |
| 0.0% | Amley Rise |
| 26.7% | Anthony Dr |
| 46.3% | Beckbury Ct |
Median House Rental Prices by Street (3)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 106811 | Anthony Dr | 01 Jan 2025 | $595 |
| 107582 | Sullivan Ave | 01 Jan 2025 | $647 |
| 107271 | Lakesfield Dr | 01 Jan 2025 | $635 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 93 Lakesfield Dr | Price Withheld | 4.0 | 3.0 | 2.0 | 22 Dec 2024 | 0 | On Market |
| 35 Teofilo Dr | $1,290,000 | 5.0 | 2.0 | 2.0 | 21 Dec 2024 | 0 | On Market |
| 15 Palmerston Rd | $1,870,000 | 4.0 | 2.0 | 12.0 | 16 Dec 2024 | 0 | On Market |
| 77 Oaktree Rise | $1,375,000 | 5.0 | 2.0 | 2.0 | 16 Dec 2024 | 0 | On Market |
| 21 Crusoe Dr | $1,025,000 | 4.0 | 2.0 | 2.0 | 16 Dec 2024 | 0 | On Market |
Turnover Rate by Street (100)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 55.6% | Newlyn Ct | quite tightly held | Every 18.0 years (quite tightly held) | 2025 |
| 100.0% | Herman Ct | high turnover | Every 10.0 years (high turnover) | 2025 |
| 36.8% | Helmsley Ave | very tightly held | Every 27.1 years (very tightly held) | 2025 |
| 76.9% | Ridgeview Tce | average turnover | Every 13.0 years (average turnover) | 2025 |
| 50.0% | Perry Pl | very tightly held | Every 20.0 years (very tightly held) | 2025 |
Planning Applications: Dwellings (12)
| Headline | Place | Date |
|---|---|---|
| Buildings and works to construct noise reduction earth mounds - Yarra Ranges Shire Council YR-2023/724 | 830 Wellington Road, Lysterfield VIC 3156 | 10 Oct 2023 |
| Amendment to plans for the redesign of Dwelling 2 (Lot 1 on Plan of Subdivision PS 849750U) - Knox City Council P/2021/6039/A | 80 Major Crescent, Lysterfield VIC 3156 | 06 Oct 2022 |
| Use and Development of the land for a Single Storey Dwelling, Shed, Swimming Pool and associated works and Variation to the Building Envelope - Knox City Council P/2022/6303 | 6 Obeah Court, Lysterfield VIC 3156 | 24 Jul 2022 |
| Construction of a coolroom facility and reduction to car parking - Yarra Ranges Shire Council YR-2022/398 | 12 Horswood Road, Lysterfield VIC 3156 | 11 May 2022 |
| Buildings and works to construct a dwelling - Yarra Ranges Shire Council YR-2022/310 | 465 Lysterfield Road, Lysterfield VIC 3156 | 14 Apr 2022 |
Planning Applications: Other (12)
| Headline | Place | Date |
|---|---|---|
| Variation to Restrictive Covenant N248055Y to allow an alternate building material - Knox City Council P/2022/6335 | 51 Bellfield Drive, Lysterfield VIC 3156 | 13 Aug 2022 |
| Amendment to P/2021/6686 - The construction of a garage outside the building envelope - Knox City Council P/2021/6686/A | 5B Bergner Court, Lysterfield VIC 3156 | 15 Jul 2022 |
| Use and development of the land for a Telecommunications Facility and alterations to access to a road in a Transport Zone 2 - Knox City Council P/2022/6097 | Wellington Road, Lysterfield VIC 3156 | 13 Jul 2022 |
| To remove the restriction created on PS444480F that affects Lot 7 on PS444480F - Streamlined Planning through Electronic Applications and Referrals S195885C | 34 Logan Court, Lysterfield VIC 3156 | 08 Jun 2022 |
| Variation of Licence - Victorian Commission for Gambling and Liquor Regulation 56389A03 | Lakesfield Reserve, Lakesfield Drive, Lysterfield 3156, VIC | 12 Apr 2022 |
Businesses (49)
| Name | Address |
|---|---|
| Frerker Homes Pty Ltd | 40 Sherwood Way, Lysterfield VIC 3156, Australia |
| Rivercrest Constructions | 1, Lysterfield VIC 3156, Australia |
| Demolition Zone | 5 The Strand, Lysterfield VIC 3156, Australia |
| Ampcore Electrical Pty Ltd | 30 Palm Ct, Lysterfield VIC 3156, Australia |
| Joswil Builders | 7 Heritage Way, Lysterfield VIC 3156, Australia |
Median Unit Sale Prices by Street (82)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $2,450,000 | Logan Ct |
| 10 May 2024 | $1,152,000 | Major Cr |
| 31 May 2024 | 721800.0 | Anthony Dr |
| 31 May 2024 | 730900.0 | Louise Ct |
| 31 May 2024 | 724900.0 | Rathgar Rd |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 58 Sullivan Ave | $620 | 3 | 2 | 1 | 23 Oct 2024 | 0 |
| 58 Sullivan Ave | $620 | 3 | 2 | 1 | 23 Oct 2024 | 0 |
| 58 Sullivan Ave | $620 | 3 | 2 | 1 | 23 Oct 2024 | 0 |
| 58 Sullivan Ave | $600 | 3 | 2 | 1 | 23 Oct 2024 | 0 |
| 58 Sullivan Ave | $620 | 3 | 2 | 1 | 23 Oct 2024 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 2, 34 Sullivan Ave | $495 | 3.0 | 2.0 | 1.0 | 19 May 2023 |
| Unit 2, 34 Sullivan Ave | $495 | 3.0 | 2.0 | 1.0 | 19 May 2023 |
| Unit 2, 34 Sullivan Ave | $495 | 3.0 | 2.0 | 1.0 | 19 May 2023 |
| Unit 2, 34 Sullivan Ave | $495 | 3.0 | 2.0 | 1.0 | 19 May 2023 |
| Unit 2, 34 Sullivan Ave | $495 | 3.0 | 2.0 | 1.0 | 19 May 2023 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 90 Major Cr | $910,000 | 0.0 | 0.0 | 0.0 | 19 Sep 2024 | On Market |
| 90 Major Cr | $910,000 | 0.0 | 0.0 | 0.0 | 19 Sep 2024 | On Market |
| 90 Major Cr | $910,000 | 0.0 | 0.0 | 0.0 | 19 Sep 2024 | On Market |
| 90 Major Cr | $910,000 | 0.0 | 0.0 | 0.0 | 19 Sep 2024 | On Market |
| 90 Major Cr | $910,000 | 0.0 | 0.0 | 0.0 | 19 Sep 2024 | On Market |
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