ABS 2021 Census · Updated 31 March 2026
Lysterfield South is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 994, making it a boutique locality. Located approximately 31 km from the Melbourne CBD, Lysterfield South is a outer metro area in Victoria. The median household income is $167,596 AUD per year (ABS 2021 Census).
Strong household incomes in Lysterfield South underpin solid property demand. Greater distance from the CBD may temper short-term capital growth.
Map shows Lysterfield South, Victoria, Australia.
Official Australia Post postcode for Lysterfield South. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Lysterfield South on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Lysterfield South's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $640/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $2,600/month. A median household income of $167,596/year supports premium property values and indicates a well-employed resident base. 96% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Lysterfield South could work well with careful property selection and a longer time horizon.
Rental returns in Lysterfield South are attractive relative to purchase prices, supporting positive cash flow.
Renovation or flip strategies in Lysterfield South face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a Lysterfield South property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Lysterfield South is expected to see moderate price growth in 2026 as the broader Victoria market stabilises. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment is cautiously optimistic — selective opportunities exist for well-researched buyers.
Lysterfield South is a outer metro area in Victoria with a population of 994. The median rent is $640/week and the median household income is $167,596/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Lysterfield South include affordability relative to inner suburbs and expanding infrastructure. 96% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Lysterfield South has a population of approximately 994. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Lysterfield South is approximately 31 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.