8 Nicholas StreetLilydale VIC 3140
Property Details for 8 Nicholas St, Lilydale
8 Nicholas St, Lilydale is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1960. The property has a land size of 1011m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (November 2022)
Positioned within a well-established neighbourhood and only a short walk from Lilydale Lake, Lilydale Marketplace and Lilydale Railway Station, developers will immediately discern the profitable future of this substantial 1010sqm (approx.) property boasting multi-unit development potential (subject to council approval).
This property is located just a short stroll from Victoria Road Primary School, Lilydale High School, as well as being only a brief commute from Yarralinda School, Mount Lilydale Mercy College and EastLink freeway.
A highly desirable location for avid lovers of good food and wine, available from this address is a choice selection of reputable restaurants, furthermore, nearby Yarra Valley beautifully showcases world-renowned wineries and fresh farm-direct produce, in addition to boutique shops and culinary experiences afforded by the Dandenong Ranges.
The current dwelling is an original weatherboard showcasing a welcoming front verandah and once inside, the interior reveals a simple yet smart floorplan offering a comfortable and effective home for the family. The living area places a focus on the built-in wood heater while timber walls and floorboards help to achieve a warm and inviting feel.
Natural light filters into the spacious lounge and dining zone, which cleverly opens out to the front verandah through two sets of glass doors. Adding to the living options, a covered back deck invites the occupants to dine outdoors in complete privacy.
The master bedroom features a walk-in robe and full ensuite. The family is well accommodated for with three additional bedrooms, plus a study which offers direct access to the rear deck. When it's time to rejuvenate, the main bathroom incorporates a separate bath and semi-frameless shower.
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Additional benefits of the home include; large backyard, oversized double garage, storage and conveniently placed kitchen featuring gas cooking and overhead cupboards.
A winning combination of future growth potential and demand for new homes in this area makes this an opportunity not to be missed.
Property History for 8 Nicholas St, Lilydale, VIC 3140
- 05 Dec 2020Sold for $922,000
- 25 Nov 2020Listed for Sale $880,000 - $920,000
- 01 May 1987Sold for $94,000
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0About 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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