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All About Lilydale, Yarra Ranges, VIC, 3140

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.

Household Makeup

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

Local Internet Speeds

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Lilydale Real Estate Market Outlook

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 Valuation

Local Schools

Lilydale 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)

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
Jan4.219.830.651.092.62.724.1
Feb5.719.830.551.993.32.820.8
Mar3.918.628.655.3942.617
Apr1.915.326.152.595.72.615.1
May2.211.222.751.7932.412.7
Jun3.09.220.852.193.32.610.9
Jul0.77.620.944.991.62.512.4
Aug1.18.023.134.689.62.715.5
Sept1.011.125.138.391.32.719.2
Oct3.114.226.744.091.22.821.6
Nov1.716.829.643.891.42.824.2
Dec5.318.730.748.294.82.824.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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

Public Transport



Nearby Suburbs

Mount EvelynMooroolbarkChirnside ParkWandin NorthMontroseColdstreamKaloramaYeringCroydon NorthKilsyth

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