Property Details for 41 Albert Hill Rd, Lilydale
41 Albert Hill Rd, Lilydale is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1940.This Property is currently listed for sale with Noel Jones Ringwood and Croydon
Last Listing description (December 2025)
Exceptional Development Opportunity with Approved Plans and Permits
** Please note: This property is currently leased. Please contact one of our agents prior to inspecting. **
Positioned in a tranquil pocket of Lilydale, this expansive 2,119m (approx.) allotment offers a rare opportunity for developers seeking a project with approved plans and permits. The site is primed for the construction of eight townhouses, each featuring private garages and thoughtfully designed layouts.
Key Features:
- Land size: 2,119m (approx.)
- Approved plans and permits for 8 dwellings
- Zoning: Neighbourhood Residential Zone
- Current dwelling: 3 bedrooms, 2 bathrooms, double garage
- Prime location near Lilydale's amenities and transport links
Whether you're an experienced developer or an investor looking to capitalize on a high-demand area, 41 Albert Hill Road presents an unparalleled opportunity to create a sought-after residential development in one of Melbourne's most desirable outer-east locales.
Lilydale is renowned for its vibrant community, access to excellent schools, parks, trails and proximity to the Yarra Valley's natural beauty. This property is within easy reach of Lilydale Railway Station and buses and provides easy access to EastLink and Melbourne's CBD.
Disclaimer: Every precaution has been taken to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
Property History for 41 Albert Hill Rd, Lilydale, VIC 3140
- 19 Jun 2025Listed for Sale $1,300,000 - $1,400,000
- 15 May 2023Listed for Rent $520.00 per week
- 22 Mar 2018Listed for Rent $480.00 per week
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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 9,692 properties. Over the last 5 years, Houses in Lilydale have seen a 27.62% increase in median value, while Units have seen a 20.41% increase. As at 31 December 2025:
- The median value for Houses in Lilydale is $990,369 while the median value for Units is $627,359.
- Houses have a median rent of $610 while Units have a median rent of $550.
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