Suburb Profile Report for Lilydale VIC (3140)

Lilydale House: Median price $690,000, Annual capital growth 7.54%, Number of sales 209, Weekly median advertised rent $385

Lilydale Unit: Median price $470,000, Annual capital growth 7.50%, Number of sales 75, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

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 13.11%

Lilydale,3140 has offered an average of 13.11% return per annum in house price rises to property investors over the last three years.

Lilydale3140 is located in VIC which offers an average discount of -5.14% to property investors. Lilydale itself is showing figures that indicate -3.76% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Lilydale being $690000 and the advertised rent reaching $385 the gross rental yield for property investors calculates out to be 2.90%

If you compare the increase in value of investment property in Lilydale, 3140 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.92%.

A 29.21% growth in median value for property investors in Lilydale,3140 puts this suburb at number 64th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Lilydale are currently offering property investors an average price cut of -2.98% below the asking price at the moment.

At number 4 in a list of fastest selling suburbs, Lilydale is in the TOP 10% of suburbs in Australia with an average of days on market 17.33 for properties listed there.

Lilydale, 3140’s gross rental yield is 3.60%

Metrics i HOUSE UNIT
$690,000 $470,000
2.22% 5.62%
13.11% 10.92%
7.54% 7.50%
$385 $325
209 75
2.90% 3.60%
27.76 17.33

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Lilydale VIC
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
Chart Table
Recent sales & rentals