1651 Lilydale Rd, Underwood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1935. The property has a land size of 65957m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
This picture postcard property is ideally positioned on the outskirts of Lilydale with no close neighbours.
It comprises a substantial low maintenance 3 bedroom home with verandah around entire house, open plan kitchen/living area (with wood heating), (3 large bedrooms).
Outbuildings include a lockup double garage/workshop (power is connected) open 4 bay machinery shed, small storage shed and wood shed.
There is approximately 3-4ha sown to grass and the balance is native forest. Two small streams pass through the property.
It is located approximately 24km from Launceston and around 1km from Lilydale.
The size of Underwood is approximately 89.7 square kilometres. It has 8 parks covering nearly 47.9% of total area. The population of Underwood in 2016 was 363 people. By 2021 the population was 391 showing a population growth of 7.7% in the area during that time. The predominant age group in Underwood is 50-59 years. Households in Underwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Underwood work in a professional occupation.In 2021, 93.40% of the homes in Underwood were owner-occupied compared with 87.00% in 2016.
Underwood has 198 properties. Over the last 5 years, Houses in Underwood have seen a 42.74% increase in median value. As at 31 January 2026:
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