A unique and rewarding opportunity presents itself with this classic home, positioned within a leafy street, that has withstood the test of time and affords astute buyers a promising future ahead.
Occupying a spacious 960m2 (approx.) block, framed by other quality homes and good street appeal. With its ideal proportions and orientation in mind, this property presents an incredible opportunity for redevelopment in the Residential Growth Zone with DDO7 overlay (STCA), whilst also lending itself to a full renovation to create a stunning contemporary home or redevelopment with a luxurious new home.
Well preserved, the existing home basks in its original character, offers well-proportioned living and dining rooms with high ceilings, three generously sized bedrooms that are serviced by the original bathroom with shower, bathtub, and separate toilet. The kitchen is well equipped with plenty of bench space.
Providing the bones for the ultimate family sanctuary, or proportions to develop on the outside, this property also features, gas ducted heating, ceiling fans, dedicated laundry, double garage and further off-street parking. Offering position and potential, whatever you choose, this is a fantastic opportunity in this popular pocket of Lilydale.
Well located, just a short stroll to Lilydale Main Street cafes, restaurants, shops and amenities along with quality primary and secondary schooling options. A short drive to Eastland, Eastlink and under an hour to the Melbourne CBD or in the other direction the delights of the Yarra Valley to explore on the weekends.
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 9,692 properties. Over the last 5 years, Houses in Lilydale have seen a 30.86% increase in median value, while Units have seen a 19.97% increase. As at 30 November 2025:
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