3 Lyell Street
Gisborne, 3437 VIC
House on a 592 m² block with 15m frontage.
Property Snapshot
House2 Bed1 Bath3 Off Street592 m² Land95 m² Internal15m Frontage
Investment Highlights
What makes 3 Lyell Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
592 m²
Frontage
15m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 95 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 1.1km to bus, 3.3km to train station and 1.3km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
2
Bathrooms
1
Parking
3 off-street
Internal Area
95 m²
Ownership & Value
Last Sold$575k
Sold DateApr 2026
Land Value—
RPD1\TP93910
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
2 Bed Median
$600k
Growth Since 2026
—
Price Estimate
—Low
$575k
—High
VeryHigh Confidence
—
Since last sold — $575,000 — April 2026
Suburb 2 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$445
2 Bed Yield
3.9%
Vacancy
2.1%
Rentals Last 12M
10
Suburb 2 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 3 Lyell Street.
Train Station
3.3km
Bus Stop
1.1km
Schools
1.3km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
1.4%Train Station
3.3kmBus Stop
1.1kmCentre Zone
229mRoad Type
residential (Low Noise)School Catchment
1.3kmGisborne Snapshot
Broader suburb metrics that support the local story.
Population
10,142
Owner Occupiers
82%
Social Housing
1.4%
Crime Index
—
Not available
High Owner Occupier Appeal
Explore Gisborne in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
