SOLD
Sold on 26 Feb 2024 for $990,000

11 Kerr Street
Lilydale VIC 3140

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 960m2
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Property Details for 11 Kerr St, Lilydale

11 Kerr St, Lilydale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 960m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Lilydale in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
117m2
Land Size
960m2
Local Government
Yarra Ranges
Lot/Plan
74/LP2026

Last Listing description (March 2024)

A premium opportunity to acquire a prime Lilydale property complete with endorsed plans, working drawings, energy rating and town planning permit for a 6-townhouse development, this project is ready to commence.

The property's 960sqm (approx.) allotment is currently home to an updated brick residence that is tenanted, providing a steady income stream while you make arrangements for its redevelopment. It has three robed bedrooms, one bathroom, laundry with toilet access, a spacious lounge, kitchen with meals area, heating, cooling and covered parking.

Thoughtfully designed with modern living in mind, the six designer residences have open plan kitchen, living and dining areas that connect to balconies, two bedrooms, two bathrooms, European laundries and single garages.

Providing you with a wealth of options, you can either continue leasing out the property, endeavor to move into it, or select your preferred builder and commence plans for its redevelopment.

At A Glance:
- 3 bed | 1 bath | 2 car
- 960sqm (approx.) of land
- Central Lilydale location
- Comes with endorsed plans and permit to build 6 townhouses
- The existing home onsite is updated and tenanted

You'll Love:
The property's proximity to top-notch amenities, where you can walk to bus services, parks, the Warburton Rail Trail, Lilydale Train Station, malls and Main Street's lively shopping and dining strip. Or take a short drive to pre, primary and secondary schools, recreational facilities, Lillydale Lake and the renowned wineries and golf courses of the Yarra Valley.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 11 Kerr St, Lilydale, VIC 3140

A timeline of how this property has performed in the market
Last Sold
$990,000
26 Feb 2024
Listed for Rent
$430/w
19 Jan 2022
  • 26 Feb 2024
    Sold for $990,000
  • 12 Sep 2023
    Listed for Sale Not Disclosed
  • 24 Dec 2021
    Listed for Rent $430 / 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 9,256 properties. Over the last 5 years, Houses in Lilydale have seen a 36.37% increase in median value, while Units have seen a 25.64% increase. As at 30 September 2024:

  • The median value for Houses in Lilydale is $958,468 while the median value for Units is $597,807.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 50 properties listed for sale, and 10 properties listed for rent in Lilydale on OnTheHouse. According to CoreLogic's data, 340 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.