10 Crusoe Drive, Lysterfield VIC 3156
10 Crusoe Drive, Lysterfield VIC 3156
Large-block family house | Leafy low-density pocket | Strong rental demand | Owner-occupier suburb | Space-driven buyer profile
This property sits in a part of Lysterfield where detached homes on generous land are the clear norm, and that alone gives it a competitive edge for families who want room to move without leaving Melbourne’s fringe. The street-level rental signal points to solid demand, which suggests the house would appeal equally to a long-term owner-occupier or an investor chasing yield from a conventional family layout. Given the suburb’s mix of suburban and semi-rural character, the property most likely serves buyers prioritising space, privacy, and a quieter lifestyle over walkable amenity. Its configuration—likely four or more bedrooms with multiple living zones—fits the profile of a trade-up family or a lifestyle buyer seeking a permanent home rather than a quick flip.
Value may hinge on how the land size and dwelling condition compare to neighbouring stock, as Lysterfield’s price spread is wide and largely driven by block dimensions and presentation. A well-maintained house on a standard residential lot might price conservatively, while a renovated interior or a larger-than-typical parcel could push it toward the higher end of its immediate band. The absence of confirmed overlays or zoning details means a buyer should verify planning constraints before committing, as any restrictions could affect future extension potential or land use flexibility.
|| Comparable Sales: 10 Farmillo Court sold at $920,000; 39 Crusoe Drive listed around $990k–$1.08M | Property Price Band: $900K–$1.1M | Value Drivers: land size, dwelling condition, layout suitability for families
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Crusoe Drive, Lysterfield VIC 3156
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Lysterfield, 32km southeast of Melbourne’s CBD, is a semi-rural suburb known for scenic, spacious properties and owner-occupied family housing. Demand comes from professional families aged 50-59, with 89% of households being families and 91% owner-occupancy. House prices have shifted higher, with medians ranging from $1.3m to $1.44m across sources, and annual growth between 3.97% and 8.43%. Units reached a median of $1.2m, rising 16.31% in the past year. Sold listings numbered 75 in 2025, while houses spent roughly 33 days on market. Rental yields remain low at 2.2-3.72%, with median weekly rents between $625 and $674. A compound annual growth rate of 6.9% for houses supports the investment case; however, high entry prices are an inherent constraint.
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PropCred Estimated Value
Comparable Sales: 10 Farmillo Court sold at $920,000; 39 Crusoe Drive listed around $990k–$1.08M | Property Price Band: $900K–$1.1M | Value Drivers: land size, dwelling condition, layout suitability for families
Bedrooms
3
Bathroom
2
Parking
2
Land
623m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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