Suburb Profile Report for Lilydale VIC (3140)

Lilydale House: Median price $680,000, Annual capital growth 7.45%, Number of sales 212, Weekly median advertised rent $380

Lilydale Unit: Median price $435,000, Annual capital growth 7.11%, Number of sales 72, Weekly median advertised rent $333

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 15.94% for the last year, Lilydale, 3140 is the 633th highest performer in Australia in this respect.

The five-year average increase in median property values for Lilydale,3140 has given property investors a potential capital gain of 56.68% across each of those five years.

Property buyers and investors in Lilydale 3140 should be seeing an average reduction in asking price of around -4.63% . This means that Lilydale is holding prices well when compared to other suburbs in VIC.

With the median price for a house in Lilydale being $680000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 2.91%

Property value increases in Lilydale have tracked just lower than the VIC average of 4.83% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lilydale has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Lilydale are currently offering property investors an average price cut of -4.95% below the asking price at the moment.

With the median price for a house in Lilydale being $435000 and the advertised rent reaching $332.5 the gross rental yield for property investors calculates out to be 3.97%

Metrics i HOUSE UNIT
$680,000 $435,000
6.25% -1.19%
15.94% 2.35%
7.45% 7.11%
$380 $333
212 72
2.91% 3.97%
29.83 29.07

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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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