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Sold on 15 Jan 2024 - Price Unavailable

3A Summit Road
Lilydale VIC 3140

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 575m2
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Property Details for 3a Summit Rd, Lilydale

Building Type
Land
Land Size
575m2
Local Government
Yarra Ranges
Lot/Plan
2/PS819393

Last Listing description (January 2024)

Prominence, potential and unrivalled position are words too often used when it comes to describing real estate, but these descriptions have never been more applicable when it comes to this prime parcel of land in one of the most connected locations this area can offer.

With working drawings already completed for a 3 bedroom, 2 bathroom, double car accommodation residence, this is a chance to snap up an incredible vacant block of land where there are simply very limited opportunities available.

If the opportunity to live in your own brand new home or plan for your future with a fresh investment property isn't enough to sway you, then the location certainly will.

Within walking distance to absolutely everything, including Mt Lilydale Mercy College, the Warburton Rail Trail, Lilydale Shopping Village, Main St Lilydale shops, cafes, restaurants and train station, close to Melba Park, Lilydale Marketplace and Lilydale High School, as well as enjoying easy access to Beresford Rd, Cave Hill Rd, the Maroondah Highway, Eastlink and the spectacular Yarra Valley, this is a real estate opportunity rich in lifestyle rewards.

* Rare opportunity to snap up a vacant block of land in a true lifestyle location
* Working drawings for a 3 bed, 2 bath residence already completed
* In a picturesque position close to all the area can offer
* Walking distance to schools, shops, eateries, services and public transport
* Great connection to major roads, surrounding towns and the Yarra Valley
* An opportunity seldom seen where there are simply very limited land opportunities left

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Property History for 3a Summit Rd, Lilydale, VIC 3140

A timeline of how this property has performed in the market
Last Sold
15 Jan 2024
  • 11 Jan 2024
    Sold for $240,000
  • 22 May 2023
    Listed for Sale $280,000-$300.000
  • 31 Mar 2020
    Sold for $280,000
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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 9,247 properties. Over the last 5 years, Houses in Lilydale have seen a 40.77% increase in median value, while Units have seen a 25.83% increase. As at 31 July 2024:

  • The median value for Houses in Lilydale is $953,725 while the median value for Units is $586,789.
  • Houses have a median rent of $560 while Units have a median rent of $480.
There are currently 44 properties listed for sale, and 7 properties listed for rent in Lilydale on OnTheHouse. According to CoreLogic's data, 349 properties were sold in the past 12 months in Lilydale.

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Bruno Cascianelli
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Lucinda Maher
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Woodards Lilydale & Yarra Valley
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