Suburb Profile Report for Lilydale VIC (3140)

Lilydale House: Median price $620,500, Annual capital growth 6.73%, Number of sales 225, Weekly median advertised rent $380

Lilydale Unit: Median price $412,500, Annual capital growth 6.71%, Number of sales 73, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Lilydale has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.08% to date .

Comparing Lilydale,3140 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lilydale, 3140. Typically our figures indicate that -5.23% is being offered, which puts this VIC suburb at 2414th most discounted overall in Australia.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.18%, without taking into account capital value appreciation, which has been averaging out at 6.73%.

Investment property in Lilydale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.64%

Across a shorter period, Lilydale, 3140 has seen a median price increase of 0.61% over the last quarter.

Sellers are offering property buyers an average discount of -4.18% to buyers in Lilydale at the moment, which is less than average for the rest of VIC.

A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 6.71%.

HOUSE UNIT
$620,500 $412,500
1.72% 0.61%
17.08% 3.64%
6.73% 6.71%
$380 $330
225 73
3.18% 4.16%
36.13 44.97

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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