Property Details for 5 Cave Hill Rd, Lilydale
Last Listing description (April 2023)
EASY AFFORDABLE LIVING IN A GREAT LOCATION
Convenient location and a light, inviting first home, downsizer or investment option, this two bedroom unit offers easy, affordable living. Set in a neatly maintained development with lush lawn nestled on a treelined street just minutes walk from Lilydale station and just a little further to shops, cafes, Melba Park and Lillydale Lake.
A shady front porch greets you on arrival leading to a spacious lounge/dining area complemented by a large window with outlook to the front yard, cosy heater, split system air conditioning and two ceiling fans affording comfort year-round.
The adjacent kitchen is well appointed with stainless steel oven, cooktop and rangehood and is flooded with natural light. Two sizable robed bedrooms are served by a fresh bathroom, separate toilet and full laundry giving access to a fenced rear yard.
Extras include carport parking with storage, built in robes and generous storage. Positioned to please, this neat home delivers a sweet start, downsizer or investment.
Property History for 5 Cave Hill Rd, Lilydale, VIC 3140
- 31 Mar 2023Sold - Price Undisclosed
- 07 Mar 2023Listed for Sale $400,000 - $440,000
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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 9,705 properties. Over the last 5 years, Houses in Lilydale have seen a 21.70% increase in median value, while Units have seen a 26.97% increase. As at 31 March 2026:
- The median value for Houses in Lilydale is $1,002,785 while the median value for Units is $654,056.
- Houses have a median rent of $620 while Units have a median rent of $550.
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