Suburb Profile Report for Lilydale VIC (3140)

Lilydale House: Median price $730,000, Annual capital growth 7.54%, Number of sales 207, Weekly median advertised rent $400

Lilydale Unit: Median price $550,000, Annual capital growth 7.13%, Number of sales 85, Weekly median advertised rent $320

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

Over the last year, property investments in Lilydale, 3140 have given investors a capital gain of 4.29%. This compares badly with the 8.62% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Lilydale,3140 has racked up an average of 4.29% over the period. This ranks it number 338th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -4.94% to buyers in Lilydale at the moment, which is less than average for the rest of VIC.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.54%, investors should hope to achieve an overall return of 2.85%

At number 148th in the list of Australian suburbs ordered by increase in median house value over the last year, Lilydale, 3140 is in the top 10% with a property value increase of 19.31% recorded in median house prices.

The five-year average increase in median property values for Lilydale,3140 has given property investors a potential capital gain of 58.05% across each of those five years.

Our latest figures would indicate that property sellers in Lilydale are currently offering property investors an average price cut of -2.85% below the asking price at the moment.

Renters in Suburb are facing rents around $16640 per annum or $320 every week.

Metrics i HOUSE UNIT
$730,000 $550,000
0.00% 3.92%
4.29% 19.31%
7.54% 7.13%
$400 $320
207 85
2.85% 3.03%
43.84 24.43

Source: CoreLogic

DSR Score for property investment : 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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