Perfectly positioned in the residential growth zone schedule 1 (RGZ1), this allotment boasts a HUGE 1325sqm approx. of prime real estate. The property boasts 2 dwellings with unit 2 currently leased to a long-term tenant, with unit 1 due to be leased in coming weeks. The properties are 2- & 3-bedroom homes both with one bathroom with ample parking. The homes are comfortable and will allow you to receive dual income (once unit 1 is leased), this allows plenty of time for you to design your next project (STCA). Secure your next development at the gateway to the Yarra Valley and central to all the amenities Lilydale has to offer with outstanding Schooling options, vibrant and cultural Main Street, large industry, employment options, walking paths and Lillydale Lake along with a number of sporting clubs and facilities.
Due to the current Covid-19 guidelines, all inspections are by private appointment. Please contact Damian Ford to arrange a time.
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 9,736 properties. Over the last 5 years, Houses in Lilydale have seen a 9.21% increase in median value, while Units have seen a 11.01% increase. As at 31 August 2026:
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