40 Olive RoadLynbrook VIC 3975
Property Details for 40 Olive Rd, Lynbrook
40 Olive Rd, Lynbrook is a 5 bedroom, 2 bathroom House with 5 parking spaces and was built in 2018. The property has a land size of 3688m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 5 bedroom House sold in Lynbrook in the last 12 months.
Last Listing description (April 2026)
Discover an unparalleled development opportunity at 40 Olive Road, Lynbrook, VIC. This expansive 3,688m flat block offers a rare "blank canvas" for astute developers and investors. The property is currently a residential house featuring 5 bedrooms and 2 bathrooms to generate high rental returns and providing a solid foundation for future development.
The allotment is strategically divided into multiple lots, offering flexibility and potential for various development options. With its generous dimensions and prime location, this property is ideal for creating a vibrant residential community or a bespoke development project.
Located in a thriving area, the property is surrounded by essential amenities, including Lynbrook Village Shopping Centre and Lynbrook Hotel. The proximity to Hampton Park Shopping Centre, Hallam Train Station, and Westfield Fountain Gate enhances its appeal, providing convenience and connectivity.
This is a unique opportunity to secure a substantial piece of real estate in a sought-after location. For more information, please contact our dedicated sales agents below.
Features:
- Large block in the heart of Lynbrook
- Zone: General Residential Zone - Schedule 1
- Settlement terms: Flexible
- Deposit: 5% to 20%
Agent details:
Vas Selvaraj, Email: vas@caseyestateagents.melbourne
Kamal Bajwa, Email: kamal@caseyestateagents.melbourne
Privacy: Your entry to this property provides consent to the collection and use of personal information for security purposes. It may also be used to provide you with further information about the property, other properties and services marketed by Casey Estate Agents. Please advise our consultant if you do not wish to receive further information. Our full privacy statement is available at our office or online at www.caseyestateagents.melbourne. This is an advertising brochure only. Casey Estate Agents has prepared this brochure to the instructions of the vendor in order to advertise the property. We have not verified the accuracy of the information contained within. You should not rely on this brochure as proof of the facts stated. You should independently verify the matters stated in this brochure before making your decision to purchase. Casey Estate Agents accepts no liability or responsibility for claims arising from a reliance of the information herewith.
Property History for 40 Olive Rd, Lynbrook, VIC 3975
- 17 Mar 2026Sold
- 04 Mar 2026Listed for Sale $2.3M - $2.53M! Priced to Sell
- 28 Apr 2003Transferred
Recent sales nearby
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About Lynbrook 3975
The size of Lynbrook is approximately 4.1 square kilometres. It has 19 parks covering nearly 13.0% of total area. The population of Lynbrook in 2016 was 8519 people. By 2021 the population was 9121 showing a population growth of 7.1% in the area during that time. The predominant age group in Lynbrook is 10-19 years. Households in Lynbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lynbrook work in a professional occupation.In 2021, 77.20% of the homes in Lynbrook were owner-occupied compared with 80.50% in 2016.
Lynbrook has 3,247 properties. Over the last 5 years, Houses in Lynbrook have seen a 25.04% increase in median value, while Units have seen a 24.62% increase. As at 31 March 2026:
- The median value for Houses in Lynbrook is $973,292 while the median value for Units is $675,759.
- Houses have a median rent of $625 while Units have a median rent of $570.
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