SOLD
Sold on 25 Oct 2023 for $625,000

1/11 Albert Road
Lilydale VIC 3140

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 422m2
Sold By
Professionals Methven Group - Lilydale
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Property Details for 1/11 Albert Rd, Lilydale

1/11 Albert Rd, Lilydale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 422m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom Unit sold in Lilydale in the last 12 months.

Building Type
Unit
Land Size
422m2
Local Government
Yarra Ranges
Lot/Plan
1A/SP21490

Last Listing description (May 2024)

Character charm, bright, open living, and amazing views, this front home is well presented, well located, and packed full of value. On it's own title of about 422m2 with no shared land, it is a perfect start to home ownership, a lovely retirement pad, or a savvy investment with the current tenancy providing immediate income.
High ceilings and walls of windows make the most of the aspect and beautifully frame the views from the living and dining area, and the adjoining deck is the perfect place to take it all in as the sun sets behind the hills. Hardwood polished floorboards add warmth and easy care appeal, the kitchen is well sized, connecting to the rear patio and entertaining courtyard, and the bedrooms all enjoy a private position along the hallway. There is a combination bathroom/laundry with shower over bath, ducted heating, air conditioning, a single garage, sub-floor storage, and fences enclosing the wrap around gardens.
Located close to the Warburton Rail Trail, Lilydale's Main Street, Lillydale Lake, and bus links, this is a great spot to reside, retire, or rent out.

SMS '111ALBERT' to 0488 824 387 for more information.

Property History for 1/11 Albert Rd, Lilydale, VIC 3140

A timeline of how this property has performed in the market
Last Sold
$625,000
25 Oct 2023
Listed for Rent
$440/w
23 Dec 2022
  • 25 Oct 2023
    Sold for $625,000
  • 20 Sep 2023
    Listed for Sale $620,000 - $680,000
  • 12 Dec 2022
    Listed for Rent $440 / 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 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 9,250 properties. Over the last 5 years, Houses in Lilydale have seen a 40.30% increase in median value, while Units have seen a 23.16% increase. As at 31 August 2024:

  • The median value for Houses in Lilydale is $951,410 while the median value for Units is $580,026.
  • Houses have a median rent of $570 while Units have a median rent of $493.
There are currently 44 properties listed for sale, and 8 properties listed for rent in Lilydale on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Lilydale.

Suburb Insights for Lilydale 3140

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.