516 Golconda Road, Lilydale, TAS 7268 | House for sale | OnTheHouse
FOR SALE
$1,099,000

516 Golconda Road
Lilydale TAS 7268

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 216m2
Land area: 10550m2
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Dual Dwelling Property With so Much on Offer, Come and Explore!

This property needs to be seen to be truly appreciated. From the moment you step inside, you'll feel its warmth and charm. The spacious living room, complete with cathedral-style ceilings, exposed beams, a wood fire and a reverse-cycle heat pump, immediately sets the tone. Flowing through to the dining area and modernised kitchen, you'll find plenty of space for family living and entertaining.
The home offers four bedrooms, with the flexibility to convert the rumpus room into a fifth bedroom if needed. The master bedroom features an updated ensuite, while the family bathroom is accompanied by a large, NDIS-approved bathroom – a rare find. Should you prefer, it could easily be reconfigured into another generous family bathroom.
Adding to its versatility, the property also includes a self-contained one-bedroom unit, ideal for additional family, potential bed & breakfast accommodation, short stays or potential separate leasing option.
Situated at the back of the property is a huge 23m x 6m deck & built in BBQ kitchen area, providing the ultimate entertaining space, all while enjoying stunning views of Mount Arthur on a clear day. Parking is abundant, with a carport accommodating upwards of four vehicles and plenty of additional space in the yard.
Set on 2.6 acres of mostly cleared land and providing abundant water sources with bore water and a 66,000 litre tank, the property also boasts a 10m x 15m industrial shed with three phase power. Previously used as a place of business, it offers exciting potential for future use (STCA). Established grounds and a variety of fruit trees are at your fingers tips with apricots, peaches, pears, apples, figs, plums, oranges, lemons, mulberries, grapes, raspberries and passionfruit of two varieties. Enjoy the ample space for animals and room to enjoy the outdoors, the lifestyle opportunities here are endless.
Conveniently located just three minutes from the heart of Lilydale, you will find grocery stores, a pharmacy, cafés, and the village market at your doorstep, while Launceston is just a 25-minute drive away. Discover the beauty of the area with the Lilydale Falls, bike trails, a berry farm, and local wineries close by.
This property truly has something for everyone – space, character, modern updates, and lifestyle convenience. No work is needed, move in, set up and enjoy.
Contact us for your private tour!
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.

Property Details for 516 Golconda Rd, Lilydale

516 Golconda Rd, Lilydale is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 10550m2 and floor size of 216m2. The place is currently for sale with Peter Lees Real Estate.

Building Type
House
Floor Size
216m2
Land Size
10550m2
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About Lilydale 7268

The size of Lilydale is approximately 44.0 square kilometres. It has 3 parks covering nearly 13.3% of total area. The population of Lilydale in 2016 was 596 people. By 2021 the population was 659 showing a population growth of 10.6% in the area during that time. The predominant age group in Lilydale is 60-69 years. Households in Lilydale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lilydale work in a managers occupation.In 2021, 83.30% of the homes in Lilydale were owner-occupied compared with 78.60% in 2016.

Lilydale has 412 properties. Over the last 5 years, Houses in Lilydale have seen a 54.89% increase in median value, while Units have seen a 75.27% increase. As at 30 November 2025:

  • The median value for Houses in Lilydale is $626,920 while the median value for Units is $745,173.
There are currently 4 properties listed for sale, and no properties listed for rent in Lilydale on OnTheHouse. According to Cotality's data, 16 properties were sold in the past 12 months in Lilydale.

Suburb Insights for Lilydale 7268

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Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.