27 Rouke StreetLilydale VIC 3140
Property Details for 27 Rouke St, Lilydale
27 Rouke St, Lilydale is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 965m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in Lilydale in the last 12 months.
Last Listing description (August 2025)
This is an opportunity not to be missed! Whether you're searching for a spacious family home, a quality investment, or your next development project – this property ticks all the boxes.
Proudly perched on the high side of the street with the Dandenong Ranges in one direction and the Yarra Valley in the other, Lilydale station and shops a short walk, Chirnside Park Shopping Centre a short drive, the location couldn’t be better. Set on a generous 965m² (approx.) allotment with an expansive 19.5m frontage and no easements, this property offers exceptional potential in a thriving growth corridor.
The existing home features four bedrooms, two bathrooms, and multiple living zones – ideal for a large or multi-generational families. The master suite is thoughtfully zoned for privacy, offering its own breakout spaces separate from the kids’ wing. On the ground level you will find a single garage and an enormous concreted space ideal for a gym, workshop, rumpus, studio or storage – the possibilities are endless.
The fully fenced backyard is bathed in sunlight, includes a storage shed, and provides ample room for kids, pets, or future enhancements.
Development Potential: Rouke Street is a hotspot for development, zoned DD07 surrounded by a mix of 2–6 unit sites with strong precedent already set. Whether you're ready to build now or prefer to landbank and develop later (STCA), this site offers huge long-term upside.
Investment Appeal: Currently tenanted by long-term occupants on a month-to-month lease, with interest in renewing, this is a ready-made investment with scope to add value down the track. As development continues around you, the land's value and appeal will only grow.
Don’t miss your chance to secure one of Lilydale’s most promising opportunities. For more information or to arrange your inspection, contact Julien on 0417 332 442. We look forward to seeing you at one of our open homes!
Property History for 27 Rouke St, Lilydale, VIC 3140
- 01 Aug 2025Sold for $950,000
- 29 Jul 2025Listed for Sale Sold
- 10 Dec 2020Listed for Rent - Price not available
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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 9,672 properties. Over the last 5 years, Houses in Lilydale have seen a 19.22% increase in median value, while Units have seen a 23.53% increase. As at 30 April 2026:
- The median value for Houses in Lilydale is $1,007,880 while the median value for Units is $634,907.
- Houses have a median rent of $625 while Units have a median rent of $550.
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