Positioned in a highly sought-after Lilydale location, this outstanding development site presents an exceptional opportunity to capitalise on strong demand with the potential for a 3-4 townhouse project (STCA).
Occupying a prominent allotment, the property offers the ideal foundation for developers, investors or builders looking to create a quality residential development in a thriving growth corridor. With excellent proportions and a desirable location, the site provides the flexibility to bring your vision to life, whether you're planning a boutique townhouse development or exploring other exciting possibilities (STCA).
Perfectly placed for lifestyle and convenience, you'll enjoy easy access to Lilydale Station, Main Street's vibrant cafs, restaurants and shopping precinct, quality local schools including Lilydale High School and Victoria Road Primary School, as well as the picturesque Warburton Rail Trail. Chirnside Park Shopping Centre, Mooroolbark and the Yarra Valley are also within easy reach, adding further appeal for future residents.
With development-ready potential, a blue-chip location and the opportunity to deliver 3-4 contemporary townhouses (STCA), this is a rare chance to secure a premium site in one of Lilydale's most convenient and fast-growing locations.
The size of Lilydale is approximately 29.2 square kilometres. There are 23 parks, covering nearly 9.7% of the 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 9,733 properties. Over the last 5 years, Houses in Lilydale have seen a 10.09% increase in median value, while Units have seen a 11.30% increase. As at 31 July 2026:
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