4/27 Cave Hill Rd, Lilydale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 157m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Set at the rear of a boutique group of only four, this modern two-bedroom townhouse is the perfect investment to tuck into your back pocket. It has the location for a lifestyle of ease, walking distance along a tree-lined street to Lilydale station and shops, low maintenance appeal with neat, simple gardens, and streamlined interiors featuring polished concrete floors and a neutral colour scheme. As a bonus, the property is rented until September 2023, giving you an immediate income stream and then the future option to either continue to rent the property or move in yourself. It is well-appointed with reverse cycle heating/air conditioning, stainless steel appliances including dishwasher, downstairs powder room, laundry, and internal garage access. The large downstairs living area opens wide via double sliding doors to a private backyard with Northerly aspect, there is a shed and water tank, too. Upstairs, there are are two good-sized robed bedrooms and the bathroom. This investment is an easy "yes", with its location, style, and secure rent making it the one to put in your back pocket for future flexible options.
SMS '427CAVE' to 0488 824 387 for more information.
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 30.80% increase in median value, while Units have seen a 23.95% increase. As at 31 January 2026:
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