164 Aylmer Road, Lyndhurst VIC 3975
164 Aylmer Road, Lyndhurst VIC 3975
4-bed house on 708 sqm | generous family land | school-zoned pocket | larger than typical lots | scope for updating
Set on a substantial 708 square metre lot, this four-bedroom house is positioned as a strong family offering within a low-rise, established pocket of Lyndhurst. Rare outdoor space and scope for future extension or landscaping are provided by the generous land size, which exceeds typical suburban allocations. Its configuration, consistent with the surrounding detached housing stock, is expected to include open-plan living areas, multiple bedrooms, and outdoor entertaining zones. It is best suited to the owner-occupier family seeking a large block in a school-zoned, car-oriented suburb with convenient access to transport and local services. The overall composition, rather than any single premium finish, is the primary competitive advantage.
The value may be influenced by internal condition and presentation. A premium might be added by modern comforts, whereas buyer interest could be narrowed by dated interiors. A buffer against price erosion is provided by the large land size, but the exact build quality and layout efficiency should be weighed carefully. Perceived convenience could also be affected by parking and aspect.
>> Comparable Sales: 166 Aylmer Road sold for $1,030,000; 2 Silverwattle Drive sold for $700,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, four-bedroom configuration, condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 164 Aylmer Road, Lyndhurst VIC 3975
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Lyndhurst, in Casey South East Melbourne, draws young families and professionals aged 30-39; family households predominate and owner-occupiers run near 80%. Population grew 32.7% from 2016, underpinning demand. House prices sit at $983,000, up 10.6% annually; units at $552,750 with slower quarterly growth. Houses lease in 34 days at $650 weekly, with a 3.79% yield; units yield 4.43%. Annual house sales of ~100 and auction clearances of 42-50% suggest steady but cautious demand. Future growth relies on infrastructure links and large-lot sales, while affordability pressures, rising days on market (34-38), and softer sales volumes are key constraints.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
-
Land
708m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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