Thinking about buying in Lilydale? Now could not be a better time, with just 45 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $746,000 with prices in this suburb ranging from $464,000 to $1,028,000. The aproximate distance to the coast is 94 Km.

Lilydale Real Estate Market Outlook

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.

Properties for sale Lilydale

	24 HARICOT WAY, LILYDALE, VIC, 3140	4	2	2	For Sale $1,075,000 - $1,175,000
	589 HULL RD, LILYDALE, VIC, 3140	5	3	4	For Sale $2,200,000 - $2,400,000
	20 HERITAGE DR, LILYDALE, VIC, 3140	5	3	3	For Sale $1,450,000 - $1,550,000
	UNIT 6, 67 CAVE HILL RD, LILYDALE, VIC, 3140	2	2	1	For Sale $585,000
	105 LAKEVIEW DR, LILYDALE, VIC, 3140	5	2	2	$970,000 - $1,050,000
	UNIT 2, 2 HERMITAGE ST, LILYDALE, VIC, 3140	6	3	2	$1,050,000 - $1,150,000
	UNIT 2, 26 MCCOMB ST, LILYDALE, VIC, 3140	2	2	1	$560,000 - $590,000
	47 MITCHELL RD, LILYDALE, VIC, 3140	3	1	2	$790,000 - $850,000
	53 BERESFORD RD, LILYDALE, VIC, 3140	3	1	2	$650,000 - $680,000
	3 PARDELLA WAY, LILYDALE, VIC, 3140	3	2	2	920000
	9 BADGER CT, LILYDALE, VIC, 3140	3	2	2	$580,000 - $640,000

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General Points of Interest

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