Back 3 Lyell St
Off Market

3 Lyell St

Gisborne VIC 3437

2
1
3
592 m²
House
Last sold for $575,000
Jason KennedyJason Kennedy, last sold this property on 19 April 2026 after 76 days on market.

Overview

Opportunity Awaits in a Convenient Location

Set on a generous block of approximately 592sqm, in a convenient and well-connected location, this property presents an exciting opportunity for buyers looking to add value and make a home their own. The property offers a functional open plan layout with a light-filled living and kitchen area, supported by a split-system unit for year-round comfort. Accommodation includes a spacious main bedroom with built-in robes and direct access to a private deck, generous second bedroom and a versatile study, 3rd bedroom option or storage room. A combined bathroom and laundry provides practical everyday living. While the home would benefit from some updates, it offers a solid foundation for future improvements. For those with vision, this presents a fantastic chance to renovate, modernise or develop over time to unlock further value. (STCA). Outside, the large backyard offers ample space. With a large carport, drive through side access and double car powered garage/shed provides excellent storage or workshop potential, adding further appeal. Ideally located close to shops, schools, and other local amenities, this is a property that combines space, potential, and position - making it an appealing option for first-home buyers, renovators, or investors alike. DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence. Consumer Affairs Due Diligence Checklist: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Features

2 bedrooms
1 bathroom
3 carspaces
3 open car spaces
592 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Gisborne over the last 12 months, the estimated median property value of 3 Lyell St is $575k.

Median value
$575k
Estimated value range
$520k - $615k
Median days on market
26
Estimated value trend
85%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gisborne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3 Lyell St

2026
Sold
$575,000
19 Apr 2026 by Jason Kennedy, of Kennedy & Hunt Real Estate
2019
Rented
Undisclosed
Leased on 16 Jul 2019 by Kennedy & Hunt Real Estate
2017
Rented
Undisclosed
Leased on 15 Jun 2017 by Kennedy & Hunt Real Estate

Happy sellers in Gisborne

82%
82% of sellers in Gisborne reported that their sale price either exceeded or met their price expectations.

Gisborne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Gisborne over the last 12 months.

Local market activity for 2 bedroom houses in Gisborne

In the last 12 months, 4 two-bedroom houses similar to 3 Lyell St, have been sold.

This represents a 100% decrease in two-bedroom houses sales when compared to the previous 12 months.

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