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Asking Price
$2,350,000 - $2,550,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 4-bedroom house at 56 Grimes Road in Point Lonsdale, VIC 3225 is on the market at $2.4M to $2.5M, with 2 bathrooms and parking for 2. It offers a 1,408 m2 block and 367 m2 of internal living space. Point Lonsdale sits about 60 km from the CBD, where the median house price is $1.2M. Council data shows no flood or bushfire overlay on the site. 3 schools sit within about 5km, and the area scores 2 for walkability and 5 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $2,550,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
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Point Lonsdale at a glance
House market signals | VIC 3225
Median
$1.2M
Market signals
To CBD
60 km
Est. Valuation
$2,312,115
Potential Sell Price
Est. Rent/wk
$729
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $2,550,000
- Stamp Duty (Victoria)
- $145,750
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $2,700,950
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3225
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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