Fast 50 Report 2026 Banner

Lysterfield South

POSTAL CODE: VIC, 3156
HOUSE

Based on its average 5-year and quarterly capital gains LYSTERFIELD SOUTH, 3156 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that LYSTERFIELD SOUTH, 3156 obtained a 17.16% growth over a ten-year period. It ranks 3712th on our list of suburbs that property investors should look into.

LYSTERFIELD SOUTH, 3156 in VIC belongs to the local government area of Casey.

LYSTERFIELD SOUTH, 3156 has a capital gain of 0% for the past year, which is average compared to its 0% growth within a five-year period.

With the median home price in LYSTERFIELD SOUTH sitting at $1,923,750, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in LYSTERFIELD SOUTH are high, as opposed to average gains per annum over the past five years.

Surburb overview

Lysterfield South is an outer-eastern suburb of Melbourne located within the City of Casey, positioned on the south-eastern edge of the Dandenong Ranges. The suburb is situated approximately 37 kilometres south-east of the Melbourne central business district and borders Lysterfield, Narre Warren North, Endeavour Hills and extensive areas of parkland.

Lysterfield South recorded a population of just under 1,000 residents at the 2021 census, reflecting its semi-rural character and very low residential density. The demographic profile is dominated by family households and long-term residents, with a median age well above the metropolitan average. Homeownership rates are high, indicating residential stability and limited rental housing.

Housing in Lysterfield South consists almost entirely of detached dwellings, many located on large lifestyle properties or acreage blocks. Development density is very low, with minimal subdivision and strong planning controls related to bushland management and environmental protection.

Public transport access is limited, with no railway station located within the suburb. Residents typically rely on private vehicles, with the nearest train services accessed in neighbouring suburbs such as Narre Warren, Hallam and Berwick.

Bus services operate on the outskirts of the suburb but are infrequent and primarily support connections to nearby activity centres. Road access is provided by local roads linking to Wellington Road and Narre Warren North Road, which connect the area to major arterial routes and the Monash Freeway.

Local retail and service amenities in Lysterfield South are limited, with residents travelling to nearby suburbs such as Endeavour Hills, Narre Warren and Berwick for supermarkets, medical services and secondary education. Primary and secondary schools are not located within the suburb but are accessible by car in the surrounding areas.

Recreational and environmental assets are a defining feature, with proximity to Churchill National Park and Lysterfield Lake Park. These reserves provide extensive opportunities for bushwalking, mountain biking, picnicking and nature-based recreation. Rolling hills characterise the landscape, bushland views and semi-rural roads rather than formal parks or sporting facilities.

Employment among residents spans professional services, trades, education and health care, with most commuting to employment hubs elsewhere in metropolitan Melbourne.

Lysterfield South’s identity is shaped by its rural-residential environment, limited infrastructure and strong connection to surrounding natural landscapes on Melbourne’s outer south-eastern fringe.

Loading form...