Lilydale, 3140 ranked 543th in VIC when comparing growth in median property values or capital gain over the last 12 months. Lilydale is one of 2099 in our list for VIC
Lilydale,3140 was ranked 3111 in Australia by increase in median property value over the quarter.
At number 515th of VIC’s most discounted properties, Lilydale is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
Lilydale has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 14.63% to date .
The five-year average increase in median property values for Lilydale,3140 has given property investors a potential capital gain of 61.04% across each of those five years.
Lilydale, 3140 is offering VIC ‘s 226th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Residents and property investors in Lilydale have been waiting around 36.35 days to sell a property.
The beautiful Yarra Valley lies around 35km from Melbourne’s CBD, and it’s here that you’ll find Lilydale, a suburb as tranquil and picturesque as it sounds. Tree-lined streets and manicured lawns are common in this residential hub, which also sits at the gateway to the Dandenong RangesFull summary
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Picturesque suburb where old meets new
Median house price: $725,000
Three-year growth: 42.2%
Rental yield: 2.9%
The beautiful Yarra Valley lies around 35km from Melbourne’s CBD, and it’s here that you’ll find Lilydale, a suburb as tranquil and picturesque as it sounds. Tree-lined streets and manicured lawns are common in this residential hub, which also sits at the gateway to the Dandenong Ranges.
Local amenities include Lilydale Lake, which provides fully accessible playground with BBQ facilities and walking tracks, and surrounding the lake are modern housing estates, such as Lakeview Estate.
A number of urban cafés and restaurants are scattered throughout the suburb. Residents have access to plenty of shopping, via local shopping centres Lilydale Marketplace and The Lilydale Village, along with a Baby Bunnings and a number of other commercial shops. There are four senior schools and several primary schools in the suburb, making Lilydale a popular choice for families.Close