Suburb Profile Report for Lilydale VIC (3140)

Lilydale House: Median price $685,000, Annual capital growth 6.53%, Number of sales 206, Weekly median advertised rent $420

Lilydale Unit: Median price $451,000, Annual capital growth 4.98%, Number of sales 52, Weekly median advertised rent $365

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

Investment property in Lilydale has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.16%

Lilydale,3140 was ranked 1605 in Australia by increase in median property value over the quarter.

Lilydale, 3140 is offering VIC ‘s 246th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Giving property investors a a poor capital gain of -15.38% for the last year, Lilydale, 3140 is the 1367th highest performer in Australia in this respect.

Lilydale,3140 has offered an average of -15.38% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Lilydale 3140 should be seeing an average reduction in asking price of around -7.46% . This means that Lilydale is holding prices well when compared to other suburbs in VIC.

Lilydale, 3140’s gross rental yield is 4.21%

Information supplied by:


January 2019

M
O

W
E

Picturesque suburb where old meets new

Postcode: 3140

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.

Metrics i HOUSE UNIT
$685,000 $451,000
0.00% 0.00%
-6.16% -15.38%
6.53% 4.98%
$420 $365
206 52
3.19% 4.21%
56.515306122449 51.264705882353

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), 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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