Expression Of Interest - Offers closing by 5:00pm on 15/06/2019As Melbourne s population continues to grow and the pressure to spread into its various growth corridors continues to intensify, the opportunities presented by this extraordinary block of 187,000 sqms are most exciting. Positioned near the foot of the Dandenong Range, this extraordinary farmland allotment has been in the same family since 1866 and is sure to attract attention as Melbourne s population continues to crave a rural experience with easy city convenience.Nestled between the popular tourist destinations of Puffing Billy and Lysterfield Park, this green wedge location is central to so much that we love about the outer-East. Central also to Dandenong, the location promises easy access to both the CBD and the Mornington Peninsula via the freeway network which is just moments away.Limited only by the bounds of your imagination, the potential usages of this amazing allotment extend from the creation of a Country Estate or a retreat, to a hobby farm or a fish farm and even to a Golf Range or Caravan Park STCA. The possibilities are endless or you and whatever you choose, you can simply think of it as a land bank and wait to capitalise on the increasing pressure for residential housing to reap some serious rewards.
The size of Lysterfield is approximately 31.3 square kilometres. There are 17 parks, covering nearly 42.4% of the total area. The population of Lysterfield in 2016 was 6663 people. By 2021 the population was 6681 showing a population growth of 0.3% in the area during that time. The predominant age group in Lysterfield is 50-59 years. Households in Lysterfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lysterfield work in a professional occupation.In 2021, 91.10% of the homes in Lysterfield were owner-occupied compared with 90.30% in 2016.
Lysterfield has 2,458 properties. Over the last 5 years, Houses in Lysterfield have seen a 4.54% increase in median value, while Units have seen a 10.10% increase. As at 31 July 2026:
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