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This property has been sold for $3,800,000 on 1 May 2026

62 days on market

Market context at sale

Suburb cycle phase
Recovery
RBA cash rate
4.10%
Suburb median (May 2026)
$1,534,000(+148%)

Listing journey

Essentials

This property went through a full listing campaign over 62 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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259 Back Glenlyon Road, Glenlyon, VIC, 3461

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Asking Price

$3,990,000 - $4,350,000

3 Beds3 Baths5 Cars
Land: 284,000 m2
Floor: 1,299 m2

Property overview

This 3-bedroom house at 259 Back Glenlyon Road in Glenlyon, VIC 3461 sold for $3.8M in April 2026, with 3 bathrooms and parking for 5. It offers a 284,000 m2 block and 1,299 m2 of internal living space. The median house price in Glenlyon is $1.3M.

Signal summary

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 $4,350,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

62

Investment Score

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Glenlyon at a glance

House market signals | VIC 3461

Full suburb profile

Median

$1.3M

estimate

Market signals

To CBD

88 km

Est. Valuation

$3,811,095

Potential Sell Price

Est. Rent/wk

$698

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

Priced 228% above suburb median
284,000 m2 block
Vacancy rate 7.5%
Suburb avg 94 days on market
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Subdivision & Development Potential

FZ2

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Zoned to highly sought-after Glenlyon district, main house also has +1 more

Total Cost to Purchase

Purchase Price
$4,350,000
Stamp Duty (Victoria)
$262,750
Transfer/Registration Fee
$2,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$4,617,950

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
3461

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