47 Old Gippsland RoadLilydale VIC 3140
Property Details for 47 Old Gippsland Rd, Lilydale
47 Old Gippsland Rd, Lilydale is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1212m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Last Listing description (April 2020)
Perfectly perched high up on one of the most connected locations this area can offer, within walking distance to Lilydale Lake and with easy access to Swansea Road and Main Street Lilydale, this sprawling and traditional block brings with it a multitude of opportunities.
Currently earning a solid rental income, the property is occupied by a spacious single level residence featuring beautiful parquetry flooring, multiple living zones, 4 bedrooms, 3 with robes
plus a study/sunroom, 2 bathrooms, master bedroom with semi-ensuite and an updated kitchen with upright stainless steel gas cooktop and oven, walk-in pantry and dishwasher.
A huge backyard has 2 outdoor entertaining areas, a built-in barbecue, decking, an enclosed in-ground pool with spa, plus garden shed and single garage.
With plenty of scope for a modern renovation or complete re-development into a multi-dwelling site (STCA), ducted heating and split-system air-conditioning are bonuses in a property of much potential in an incredible position.
Close to central Lilydale shopping, cafes, restaurants and public transport options, with proximity to Lilydale High School and Mt Lilydale Mercy College, Maroondah Highway, Eastlink and the spectacular Yarra Valley, this is a property of current and future potential.
Property History for 47 Old Gippsland Rd, Lilydale, VIC 3140
- 14 Dec 2019Sold for $650,000
- 04 Dec 2019Listed for Sale $570,000 - $610,000
- 11 Jun 2019Listed for Rent - Price not available
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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 9,425 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.
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