Lilydale, situated in the Yarra Ranges of Victoria, boasts a dynamic housing market marked by its diversity and growth. Over recent years, this suburb has experienced a steady increase in property values, driven by its attractive blend of suburban and semi-rural living. The market offers a variety of housing options, from charming heritage homes and spacious family houses to modern townhouses and apartments. This range caters to different demographics, including young families, professionals, and retirees, who are drawn to the suburb's proximity to Melbourne while enjoying a quieter lifestyle. The ongoing infrastructure developments and upgrades, such as improved public transport links and local amenities, have further fueled demand in the area, making it a desirable location for potential homeowners and investors alike.
Living in Lilydale provides a unique balance of convenience and natural beauty, enhancing its appeal as a residential destination. The suburb serves as a gateway to the renowned Yarra Valley wine region, offering residents easy access to vineyards, gourmet food experiences, and stunning natural landscapes perfect for weekend getaways. Locally, Lilydale hosts a vibrant community with numerous parks, recreational facilities, and a thriving local arts scene. Residents enjoy a strong sense of community, supported by local events and markets that foster interaction and engagement. Additionally, its schools and educational institutions are well-regarded, making it an ideal place for families looking to lay down roots. Overall, living in Lilydale combines the benefits of urban amenities with the tranquility of country living, making it a sought-after destination for those seeking a balanced lifestyle.
Median Weekly Rent | $388.70 |
Median Monthly Mortgage | $1921.17 |
Median Persons Per bed houseroom | 0.79 |
Average Household Size | 2.65 |
Average Age | 41.57 |
Average Income | $798.00 |
Average Cars Per Dwelling | 1.94 |
Average Properties Within 50M | 21 |
Typical 1 bed house | $563,000 |
Typical 2 bed house | $726,000 |
Typical 3 bed house | $1,028,000 |
Typical 4 bed house | $1,327,000 |
Typical 5 bed house | $1,617,000 |
Typical 6 bed+ house | $1,982,000 |
Housing Stock
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Thinking about buying in Lilydale? Now could not be a better time, with 10251 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,066,000 with prices in this suburb ranging from $312,000 to $13,818,000. The aproximate distance to the coast is 32 Km.
In Lilydale there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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. Lower than average population density constrains growth in Lilydale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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 ValuationLilydale Primary School
Lilydale West Primary School
Lilydale Heights College
Lilydale High School
Mount Lilydale Mercy College
St Patrick's School
Edinburgh College
Wandin North Primary School
Coldstream Primary School
Birmingham Primary School
(While the above schools are located with the suburb of Lilydale there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.2 | 19.8 | 30.6 | 51.0 | 92.6 | 2.7 | 24.1 |
Feb | 5.7 | 19.8 | 30.5 | 51.9 | 93.3 | 2.8 | 20.8 |
Mar | 3.9 | 18.6 | 28.6 | 55.3 | 94 | 2.6 | 17 |
Apr | 1.9 | 15.3 | 26.1 | 52.5 | 95.7 | 2.6 | 15.1 |
May | 2.2 | 11.2 | 22.7 | 51.7 | 93 | 2.4 | 12.7 |
Jun | 3.0 | 9.2 | 20.8 | 52.1 | 93.3 | 2.6 | 10.9 |
Jul | 0.7 | 7.6 | 20.9 | 44.9 | 91.6 | 2.5 | 12.4 |
Aug | 1.1 | 8.0 | 23.1 | 34.6 | 89.6 | 2.7 | 15.5 |
Sept | 1.0 | 11.1 | 25.1 | 38.3 | 91.3 | 2.7 | 19.2 |
Oct | 3.1 | 14.2 | 26.7 | 44.0 | 91.2 | 2.8 | 21.6 |
Nov | 1.7 | 16.8 | 29.6 | 43.8 | 91.4 | 2.8 | 24.2 |
Dec | 5.3 | 18.7 | 30.7 | 48.2 | 94.8 | 2.8 | 24.8 |
source: Australian Government Bureau of Meteorology
21-06-2024 | $2,300,000 | 93 Gorge Road |
24-11-2022 | $185,000 | 808 Purgatory Creek Road |
30-09-2022 | $5,000,000 | 600 Gorge Road |
18-08-2021 | $595,000 | 910 Jackadgery-Lilydale Road |
10-06-2021 | $490,000 | 808 Purgatory Creek Road |
22-12-2020 | $1,470,000 | 212 Gorge Road |
03-11-2020 | $2,650,000 | 580 Purgatory Creek Road |
22-05-2018 | $1,765,000 | 93 Gorge Road |
04-10-2017 | $450,000 | 543 Purgatory Creek Road |
16-12-2015 | $2,100,000 | 300 Gorge Road |
21-08-2013 | $285,000 | 882 Jackadgery-Lilydale Road |
10-05-2012 | $1,800,000 | 600 Gorge Road |
27-10-2008 | $190,000 | 1190 Jackadgery-Lillydale Road |
11-07-2007 | $2,200,000 | 600 Gorge Road |
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