16 Watergum Avenue, Lyndhurst, VIC 3975 | Land for sale | OnTheHouse
 
FOR SALE
$1,800,000 - $1,980,000

16 Watergum Avenue
Lyndhurst VIC 3975

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Land area: 1673m2
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Lynbrook's Most Compelling Development Site

Presenting an outstanding opportunity for developers, investors, and buyers looking to capitalise on Southeast Melbourne's continued growth, this exceptional 1,673 sq. metre (approx.) allotment sits ready to make your vision a reality. Rarely does a parcel of this size and potential come to market, highlighting a truly compelling proposition to secure a foothold in a most sought-after growth corridor.
A substantial land holding with an extensive 46m (approx.) frontage offers genuine possibilities for a multi-site development (STCA), amplifying its appeal with a position just metres from Lynbrook Station. The area continues to attract strong demand thanks to its exceptional connectivity, with the Monash and South Gippsland freeways both close by, while residents enjoy proximity to premium schooling options, Lynbrook Village and Marriott Waters shopping centres, Banjo Patterson parklands, and easy access to public transport.
Its significant dimensions, flexible residential zoning, and location that ticks every box for lifestyle and liveability deliver possibilities as broad as your vision, perfect for a boutique townhouse development or a larger multi-dwelling project.
This is the blank canvas you've been waiting for. Act fast!
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Property Details for 16 Watergum Ave, Lyndhurst

Building Type
Land
Land Size
1673m2
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About Lyndhurst 3975

The size of Lyndhurst is approximately 9.3 square kilometres. There are 17 parks, covering nearly 3.5% of the total area. The population of Lyndhurst in 2016 was 6725 people. By 2021 the population was 8926 showing a population growth of 32.7% in the area during that time. The predominant age group in Lyndhurst is 30-39 years. Households in Lyndhurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyndhurst work in a professional occupation.In 2021, 78.40% of the homes in Lyndhurst were owner-occupied compared with 81.20% in 2016.

Lyndhurst has 3,290 properties. Over the last 5 years, Houses in Lyndhurst have seen a 20.50% increase in median value, while Units have seen a 17.23% increase. As at 31 July 2026:

  • The median value for Houses in Lyndhurst is $978,638 while the median value for Units is $633,007.
  • Houses have a median rent of $665 while Units have a median rent of $520.
There are currently 39 properties listed for sale, and 8 properties listed for rent in Lyndhurst on OnTheHouse. According to Cotality's data, 113 properties were sold in the past 12 months in Lyndhurst.

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Michelle Stephens
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