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Yarra Ranges Shire

Lilydale

Lilydale Property Market
& Suburb Profile

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MEDIAN PRICES IN LILYDALE

Median house price

(all agencies, last 12 months)$875k*

House price change

(all agencies, last 12 months)+5.36%

Median unit price

(all agencies, last 12 months)$630k*

Unit price change

(all agencies, last 12 months)+2.42%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

LILYDALE price TRACKER

HousesUnits

Lilydale sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)30

Average days on market (units)

(all agencies, 12 months)24

Average held period in Lilydale

(proptrack)10 years

Lilydale Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$663pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$529pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.78%

Average rental yield for Units

(all agencies, last 12 months)4.38%

Lilydale total population size

(as at the last census)17,348

Median household size in Lilydale

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Lilydale property types

  • Houses 49%
  • Units 17%
  • Other 34%

OCCUPANCY in Lilydale

  • Owned 78%
  • Rented 19%
  • Other/Not Stated 3%
  • Singles 25%
  • Families 73%
  • Other 2%

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About Lilydale

Lilydale is a large, established suburb situated approximately 35 kilometres north-east of the Melbourne CBD, functioning as a vital major activity centre and the gateway to the Yarra Valley, offering a desirable lifestyle that blends urban amenity with easy access to nature.

The suburb is defined by its beautiful setting, often featuring undulating terrain and leafy residential streets, with a housing stock that mixes traditional family homes on good-sized blocks with modern townhouse and unit developments, appealing to both young families and retirees.

Life is highly convenient, centred on the robust commercial hub, which includes Lilydale Market Place and a range of local shops, cafes, and essential services. Education is a key strength, with numerous highly regarded institutions, including Lilydale High School and the Box Hill Institute Lilydale campus, adding to the suburb's appeal.

There is so much to do in Lilydale, You can walk around the picturesque Lilydale Lake, settle up on the lake’s fishing jetties, or walk/cycle the Lilydale to Warburton Rail Trail. The historic Lilydale Athenaeum presents theatre performances, take a dip in the local outdoor swimming pool.

Connectivity is exceptional for commuters, as the suburb boasts a dedicated Lilydale Train Station which serves as the terminus for the Lilydale line, providing a direct rail link to the city, complemented by a major bus interchange and excellent vehicular access to the Maroondah Highway.

Furthermore, residents enjoy direct proximity to vast parklands and the natural attractions of the Dandenong Ranges, reinforcing its strong community and lifestyle appeal.

For investors, Lilydale’s status as a regional transport hub, its strategic location, and consistent rental demand driven by its educational and commercial centres make it a very attractive and stable market.

Education

Cire Community School
Edinburgh College
Lilydale Heights College
Lilydale High School
Lilydale Primary School
Mount Lilydale Mercy College
St Patrick's School
Victoria Road Primary School
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Lilydale MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025387$752,2505.36%196$596pw4.08%
2024325$712,000-9.01%184$577pw4.20%
2023346$760,7507.06%220$533pw3.84%
2022369$703,0072.41%212$482pw3.71%
2021465$695,25021.81%162$446pw3.16%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025387$752,250+5.36%
2024325$712,000-9.01%
2023346$760,750+7.06%
2022369$703,007+2.41%
2021465$695,250+21.81%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025196$596pw4.08%
2024184$577pw4.20%
2023220$533pw3.84%
2022212$482pw3.71%
2021162$446pw3.16%

PROUDLY SERVICING Lilydale

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.