Suburb Profile Report for Lilydale VIC (3140)

Lilydale House: Median price $607,500, Annual capital growth 6.81%, Number of sales 213, Weekly median advertised rent $380

Lilydale Unit: Median price $417,500, Annual capital growth 6.70%, Number of sales 80, Weekly median advertised rent $330

  • 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 7.68% over the last 12 months.

While Lilydale,3140 ranked number 436th in VIC for increase in median house value (annualised) increase, it is ranked 217th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Lilydale is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 420th in terms of most discounted suburbs in VIC

Often selling an investment property can take time, and in Lilydale the average time real estate has been on the market is 35.82 days.

Renters in Suburb are facing rents around $4560 per annum or $380 every week.

VIC has seen average median house prices change by 3.19% which means that Lilydale, 3140 has done well for property investors by showing a capital gain of 6.91% over the last year

Across a shorter period, Lilydale, 3140 has seen a median price increase of 1.83% over the last quarter.

Lilydale, 3140 is offering VIC ‘s 224th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.

At number 139 in a list of fastest selling suburbs, Lilydale is in the TOP 10% of suburbs in Australia with an average of days on market 44.22 for properties listed there.

Renters in Suburb are facing rents around $3960 per annum or $330 every week.

HOUSE UNIT
$607,500 $417,500
0.91% 1.83%
16.83% 6.91%
6.81% 6.70%
$380 $330
213 80
3.25% 4.11%
35.82 44.22

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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