This property is Off Market
With an average age of 48, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $366. The average family earns a weekly income of $2,137 with a typical household size of 2.5 and a 96.31% employment rate.
Consistent high demand relative to supply is a key feature in Lilydale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lilydale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lilydale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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.
(Country of Birth not stated 6%)
Lilydale - Coldstream a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
53 / 100
52 / 100
Industry
15 / 100
17 / 100
Population
45 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
39 / 100
34 / 100
Incidents Trend State Average
Lilydale High School
Lilydale, VIC, 3140 State 7-12
Rolling Hills Primary School
Mooroolbark, VIC, 3138 State Prep-6
Birmingham Primary School
Mount Evelyn, VIC, 3796 State Prep-6
Mount Lilydale Mercy College
Lilydale, VIC, 3140 Independent 7-12
Victoria Road Primary School
Lilydale, VIC, 3140 State Prep-6
Edinburgh College
Lilydale, VIC, 3140 Independent Prep-12
Lilydale Primary School
Lilydale, VIC, 3140 State Prep-6
Lilydale Heights College
Lilydale, VIC, 3140 State 7-12
St Patrick's School
Lilydale, VIC, 3140 Independent Prep-6
Yarralinda School
Mooroolbark, VIC, 3138 Independent Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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