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All About Lilydale, Launceston, TAS, 7268

Lilydale, a serene suburb near Launceston in Tasmania, is increasingly catching the attention of homebuyers and investors thanks to its picturesque landscapes and more affordable property prices compared to nearby urban areas. The housing market in Lilydale offers a variety of options, including charming cottages, spacious family homes, and larger properties ideal for those seeking a rural lifestyle. Over recent years, the area has experienced modest growth in property values, driven by an influx of buyers looking to escape the hustle and bustle of city living while still maintaining convenient access to Launceston, just a short drive away. This trend reflects a broader shift towards regional communities that offer a balance between affordability and quality of life.

Living in Lilydale provides residents with a peaceful, community-focused atmosphere surrounded by natural beauty. The suburb is known for its friendly locals and a strong sense of community, where neighbors frequently come together for local events and activities. The lush, green landscapes and nearby attractions such as the Lilydale Falls make it a great spot for nature enthusiasts and families alike. Additionally, residents enjoy access to essential amenities, including schools, shops, and healthcare facilities, while benefiting from the slower pace and reduced living costs compared to larger urban centers. With its blend of natural charm and emerging market potential, Lilydale presents an appealing option for those looking to settle in a region that offers both tranquility and opportunity.

Household Makeup

Median Weekly Rent $253.75
Median Monthly Mortgage $1296.75
Median Persons Per bed houseroom 0.83
Average Household Size 2.75
Average Age 46.50
Average Income $678.00
Average Cars Per Dwelling 2.44
Average Properties Within 50M 3
Typical 1 bed house$500,000
Typical 2 bed house$251,000
Typical 3 bed house$386,000
Typical 4 bed house$493,000
Typical 5 bed house$230,000
Typical 6 bed+ house$726,000

Housing Stock

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Lilydale Real Estate Market Outlook

Thinking about buying in Lilydale? Now could not be a better time, with just 448 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $354,000 with prices in this suburb ranging from $19,000 to $926,000. The aproximate distance to the coast is 18 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Lilydale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Lilydale changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Lilydale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Lilydale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lilydale a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

Lilydale District School

(While the above schools are located with the suburb of Lilydale there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lilydale weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.019.233.139.789.33.323.5
Feb3.219.232.142.189.53.221.0
Mar3.218.330.346.290.02.918.0
Apr1.213.827.643.491.52.716.9
May1.210.124.441.288.72.914.0
Jun1821.746.290.93.012.2
Jul0.76.721.840.588.93.013.3
Aug0.66.424.131.385.03.216.4
Sept0.79.427.129.386.13.120.2
Oct1.913.029.233.888.43.122.9
Nov1.516.332.829.485.03.426.7
Dec3.318.332.040.489.23.224.2

source: Australian Government Bureau of Meteorology



Public Transport


General Points of Interest


Nearby Suburbs

North LilydaleLallaWyenaTunnelUnderwoodBangorKaroolaLisleLebrinaPatersonia

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