Lilydale is a well-established suburb in Victoria within the Yarra Ranges local government area (postcode 3140). With a population of 17,348, the suburb has an established demographic with a median age of 40. Households earn a median income of $92K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Lilydale is $865,000, having declined 6.5% over the past year. Units have a median price of $612,000 (+4.6% YoY). The current median weekly rent is $525. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Lilydale is served by 8 schools, including 3 primary, 3 secondary, 1 combined, 1 special. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 10 rail stations, 79 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Lilydale offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($865K/$875K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved -6.5% year-on-year.
Lilydale is a well-established suburb in Victoria within the Yarra Ranges local government area (postcode 3140). With a population of 17,348, the suburb has an established demographic with a median age of 40. Households earn a median income of $92K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Lilydale is $865,000, having declined 6.5% over the past year. Units have a median price of $612,000 (+4.6% YoY). The current median weekly rent is $525. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Lilydale is served by 8 schools, including 3 primary, 3 secondary, 1 combined, 1 special. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 10 rail stations, 79 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Lilydale offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($865K/$875K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved -6.5% year-on-year.