2 Penny Lane, Lilydale, VIC 3140 | Property Value & History | OnTheHouse
OFF MARKET

2 Penny Lane
Lilydale VIC 3140

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 129m2
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Property Details for 2 Penny Lane, Lilydale

2 Penny Lane, Lilydale is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 129m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
2017
Floor Size
140m2
Land Size
129m2
Local Government
Yarra Ranges
Lot/Plan
2/PS814230

Last Listing description (September 2024)

Affording a luxury lifestyle within an exclusive enclave, this architecturally designed residence brings together spacious living and quality appointments spread across two comfortable levels.

From the outset, stylish, contemporary appeal conveys an impression of sophistication and upon entry, a thoughtful selection of design elements result in a unified look, including neutral tones and features in addition to the exceptional fixtures and fittings used throughout.

The open-plan layout feels completely relaxed, incorporating the kitchen, lounge and meals area to create a superb hub, perfect for entertaining friends and family. Access via a glass sliding door reveals a private decked outdoor entertaining zone-the ideal space to unwind at the conclusion of the day or when hosting guests.

Designed to excite those who like to cook, the fully-equipped kitchen features stainless steel appliances; electric oven, gas stove and dishwasher, as well as ample storage, stone benchtops and a long island bench with breakfast bar and pendant lighting. Light fills this space, creating a pleasurable atmosphere for both cooking and dining and relaxing.

Continuing to the upper level, a bonus addition of a second living area can be found, the master bedroom comprises a walk-in robe, has access to a private balcony and a full ensuite with luxury-sized shower and stylish twin vanity. Bedrooms two and three are fitted with double built-in robes and are within easy access to the large bathroom incorporating a bathtub and separate toilet.

Other key features include; powder room, split system heating and cooling, storage, high ceilings, water tank, and double garage with internal access.

An ultra-convenient location, a short walk to Lilydale Railway Station, the shops, cafes and amenities that Lilydale has to offer. Victoria Road Primary and Lilydale Heights school zoning, comfort and convenience collide here to create the ultimate low-maintenance lifestyle property. Determined to impress, an inspection is recommended to make this marvellous home your own.

Property History for 2 Penny Lane, Lilydale, VIC 3140

A timeline of how this property has performed in the market
Last Sold
$715,000
23 Aug 2024
Listed for Rent
04 Dec 2021
  • 23 Aug 2024
    Sold for $715,000
  • 14 Aug 2024
    Listed for Sale $690,000-$730,000
  • 25 Nov 2021
    Listed for Rent $485 / week
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About Lilydale 3140

The size of Lilydale is approximately 29.2 square kilometres. It has 23 parks covering nearly 9.7% of total area. The population of Lilydale in 2016 was 16531 people. By 2021 the population was 17348 showing a population growth of 4.9% in the area during that time. The predominant age group in Lilydale is 50-59 years. Households in Lilydale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lilydale work in a professional occupation.In 2021, 77.60% of the homes in Lilydale were owner-occupied compared with 76.10% in 2016.

Lilydale has 9,694 properties. Over the last 5 years, Houses in Lilydale have seen a 27.62% increase in median value, while Units have seen a 20.41% increase. As at 31 December 2025:

  • The median value for Houses in Lilydale is $990,369 while the median value for Units is $627,359.
  • Houses have a median rent of $610 while Units have a median rent of $550.
There are currently 41 properties listed for sale, and 7 properties listed for rent in Lilydale on OnTheHouse. According to Cotality's data, 491 properties were sold in the past 12 months in Lilydale.

Suburb Insights for Lilydale 3140

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Cotality Copyright and Legal Disclaimers about Property Data
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.