Suburb Profile Report for Lilydale VIC (3140)

Lilydale House: Median price $605,000, Annual capital growth 7.18%, Number of sales 213, Weekly median advertised rent $395

Lilydale Unit: Median price $410,500, Annual capital growth 7.12%, Number of sales 88, Weekly median advertised rent $315

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Lilydale have tracked higher than the VIC average of 7.80% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Lilydale comes in at number 176th in VIC.

Property investors looking for a bargain in Lilydale should be aiming for at least -5.40% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Lilydale have been waiting around 36.47 days to sell a property.

With the median price for a house in Lilydale being $605000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.40%

Investment property in Lilydale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.62%

A 12.47% growth in median value for property investors in Lilydale,3140 puts this suburb at number 267th in terms of best performing suburbs in VIC

Lilydale, 3140 is offering VIC ‘s 161th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Situated 34.30km from the CBD, Lilydale is one of Yarra Ranges localities in the postcode 3140.

HOUSE UNIT
$605,000 $410,500
0.83% -1.68%
17.48% 6.62%
7.18% 7.12%
$395 $315
213 88
3.40% 3.99%
36.47 45.65

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 15649
Median household income ($/weekly) 1284
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 2100 13.4
    25-34 years 1848 11.8
    35-44 years 2295 14.7
    45-54 years 2352 15.0
    55-64 years 1705 10.9
    Others 5350 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 6121 52.7
    Not Married 4591 39.6
    Defacto Relationship 896 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 12391 82.1
    Japan 237 1.6
    Papua New Guinea 198 1.3
    United Kingdom 1065 7.1
    Other 284 1.9
    Others 912 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 117 0.8
    Christianity 9690 67.7
    Islam 47 0.3
    Other Religious Groups 64 0.4
    No Religion 4340 30.3
    Others 56 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 475 9.6
    $800-$999 475 9.6
    $1,000-$1,249 458 9.2
    $1,500-$1,999 724 14.6
    $2,000-$2,499 566 11.4
    Others 2261 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5002 41.3
    Not in the labour force 3744 30.9
    Employed, worked part-time 2532 20.9
    Employed, away from work 517 4.3
    Unemployed, looking for work 331 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 902 11.2
    Professionals 1224 15.2
    Technicians & trades workers 1514 18.8
    Clerical & administrative workers 1283 15.9
    Sales 892 11.1
    Others 2236 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 286 7.4
    Infants/Primary 1370 35.4
    Secondary 1178 30.5
    Technical or Further Educational Institution 394 10.2
    University or other Tertiary Institutions 508 13.1
    Others 132 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13247 89.2
    Semi-detached, row or terrace house, townhouse 913 6.1
    Flat, unit or apartment 621 4.2
    Caravan, cabin, houseboat 63 0.4
    House or flat attached to a shop, office 9 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2496 45.6
    Fully owned 1812 33.1
    Rented 1106 20.2
    Other tenure type 59 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals