SOLD
Sold on 29 Apr 2024 for $826,000

18 Bowen Road
Lilydale VIC 3140

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 190m2
Land area: 944m2
Sold By
Professionals Methven Mooroolbark
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Property Details for 18 Bowen Rd, Lilydale

18 Bowen Rd, Lilydale is a 4 bedroom, 2 bathroom House. The property has a land size of 944m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Lilydale in the last 12 months.

Building Type
House
Floor Size
190m2
Land Size
944m2
Local Government
Yarra Ranges
Lot/Plan
12/LP91510

Last Listing description (May 2024)

Developers or investors take note ? this three bedroom brick veneer home that is sitting on an elevated 944m2 block is council approved with plans all ticked off for three quality townhouses.

A combination of three and four bed town homes, some with study, all with two living zones and double garages. A well thought out development and with a prime location directly opposite Victoria Road Primary school, they are well poised for owner purchase with kids or for investment and future letting and with the Yarra Valley, wineries, golf course and all it has to offer on your door step, this development is one that any astute developer or builder will be attracted to.

Currently let to tenants whose lease expires in August (tenants would love to stay on if possible), you could either continue renting until you?re ready to build, or you could commence building after August. To inspect, call Greg Earney or Aleisha Eadon anytime on 9726 8888.

Property History for 18 Bowen Rd, Lilydale, VIC 3140

A timeline of how this property has performed in the market
Last Sold
$826,000
29 Apr 2024
Listed for Rent
02 Feb 2024
  • 29 Apr 2024
    Sold for $826,000
  • 15 Apr 2024
    Listed for Sale $795,000 - $850,000
  • 23 Jan 2024
    Listed for Rent $500 / 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 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 51 properties listed for sale, and 10 properties listed for rent in Lilydale on OnTheHouse. According to CoreLogic's data, 343 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.