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16 Watergum Avenue, Lyndhurst$1.89m
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16 Watergum Avenue

Lyndhurst, VIC 3975, Australia
$1.80m – $1.98m
1673 m²

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About this property

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!

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1673 m²
Listed
3 months ago

Repayment calculator

$9,163/month
$4,581 /fortnight
Loan $1,512,000 at 6.10% over 30 years

Upfront costs

Deposit$378,000
Stamp duty$103,950
Conveyancing (est.)$2,000
Total upfront$483,950
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lyndhurst

This land in Lyndhurst, VIC 3975 sits within reach of public transport, local shops and nearby schools. It is listed 84% above the $1.02m median of 65 comparable landswithin 5 km.

Schools near Lyndhurst

  • Lyndhurst Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Lynbrook 1 (train)199 m away
  • Coles870 m away
  • Banjo Paterson Park453 m away
  • Figtree Walk Reserve484 m away
  • Unnamed508 m away

Lyndhurst at a glance

Full suburb profile
Population
8,926
Median age
33
Household income
$2,446/wk
Median rent
$430/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lyndhurst price trend

Median sold · House 4 bed

Compound growth +2.7% / yr over 4 yrs

$1mcurrent median

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Price history

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