FOR SALE
$700,000 - $770,000

5A Albert Road
Lilydale VIC 3140

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1211m2
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3 Dwelling Development Opportunity

Presenting a premium opportunity to acquire a prime Lilydale property, complete with plans for a 3-townhouse development.
The property's 1,211 square metre (approx.) allotment is vacant and ripe for development
Thoughtfully designed with modern living in mind, the three residences have open plan kitchen, living and dining areas, 3 bedrooms, 2 bathrooms and double garages.
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Property Details for 5a Albert Rd, Lilydale

Building Type
Land
Land Size
1211m2

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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 2011 was 15,649 people. By 2016 the population was 16,541 showing a population growth of 5.7% in the area during that time. The predominant age group in Lilydale is 40-49 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 trades occupation. In 2011, 77% of the homes in Lilydale were owner-occupied compared with 76.1% in 2016.

Lilydale has 9,445 properties. Over the last 5 years, Houses in Lilydale have seen a 30.52% increase in median value, while Units have seen a 20.76% increase. As at 30 November 2024:

  • The median value for Houses in Lilydale is $935,801 while the median value for Units is $602,697.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 43 properties listed for sale, and 10 properties listed for rent in Lilydale on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Lilydale.

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Lachlan Williams
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Miranda Jones
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Hoskins Maroondah
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