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Sold on 12 Oct 2024 for $897,500

38 Nelson Road
Lilydale VIC 3140

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 1010m2
Sold By
Max Brown Lilydale | Montrose
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Property Details for 38 Nelson Rd, Lilydale

38 Nelson Rd, Lilydale is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1010m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Lilydale in the last 12 months.

Building Type
House
Floor Size
126m2
Land Size
1010m2
Local Government
Yarra Ranges
Lot/Plan
1/LP113923

Last Listing description (November 2024)

This property echoes the days when homes were built to last, backyards were sized to settle cricket rivalries and the Hills Hoist clothesline sat proudly. Occupying approximately 1,010sqm and boasting a planning permit for a generous rear residence, this property retains its traditional allure, whilst presenting exciting opportunities for the future. Resting opposite Gateway Reserve, beyond established gardens, the north-facing home's front rooms benefit from radiant natural sunlight and a beautiful outlook. Refreshed throughout with new paintwork and flooring, the home features separate lounge, family and meals areas, a revitalised kitchen with a new gas upright cooker, a sitting room with backyard access, three bedrooms (two with built-in wardrobes), a bright-new bathroom and a laundry with toilet access. Ducted heating, one wall air conditioner and ceiling fans assist with keeping the home at an optimal temperature.
Excellent parking and storage are also available on this property, handy for families with multiple cars, recreational vehicles or a resident tradie. This includes extra-wide front and rear driveway areas separated by double gates, plus a double garage with a rear workshop space.
The home can be enjoyed as is, updated or extended to suit an owner-occupier's family. It also offers the attractive potential to build the proposed single-level residence on approximately 519sqm, or explore further development options (STCA).

Whatever your intentions for this property may be, a convenient location is guaranteed, situated within walking distance to parks, playgrounds, the Warburton Rail Trail, Victoria Road Primary School, Lilydale Primary School, Lilydale Heights College, Mount Lilydale Mercy College, Lilydale Main Street and Train Station. Only a short drive to shopping centres, Lillydale Lake and the magnificent Yarra Valley. INSPECTIONS BY APPOINTMENT

Property History for 38 Nelson Rd, Lilydale, VIC 3140

A timeline of how this property has performed in the market
Last Sold
$897,500
12 Oct 2024
  • 12 Oct 2024
    Sold for $897,500
  • 13 Sep 2024
    Listed for Sale $840,000-$890,000
  • 23 Sep 2020
    Transferred
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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 9,426 properties. Over the last 5 years, Houses in Lilydale have seen a 31.57% increase in median value, while Units have seen a 23.88% increase. As at 31 October 2024:

  • The median value for Houses in Lilydale is $939,483 while the median value for Units is $602,592.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 52 properties listed for sale, and 14 properties listed for rent in Lilydale on OnTheHouse. According to CoreLogic's data, 327 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.