503 Maroondah Hwy, Lilydale is a 0 bedroom, 0 bathroom House. The property has a land size of 22900m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Positioned prominently along the Maroondah Highway and set across approximately 2.2 hectares of picturesque land, this exceptional property presents a rare opportunity to secure a substantial holding within Lilydale's tightly held Green Wedge precinct.
Enjoying sweeping views, established natural surrounds and outstanding future potential (STCA), the property offers a unique combination of lifestyle appeal, landbanking opportunity. Whether you're seeking a private rural retreat, investment holding or future project, the flexibility and scale of this site are sure to impress.
Key Features
5.6 acres approx.
Prominent Maroondah Highway frontage
Green Wedge zoning with future potential (STCA)
Sweeping outlooks and established natural surrounds
Exceptional lifestyle, landbanking and development opportunity
Minutes from Lilydale Township, schools, transport and shopping
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 9,737 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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