Real Estate Appraisal Lilydale VIC 3140
How much is my home worth in Lilydale?
The median price for a house in Lilydale is $860,000 as of January 20, 2023. A median-priced unit is $599,000.
There have been 237 houses and 98 units sold in the last year. The average annual capital growth for houses is 4.53% and units is 5.62%.
The 12-month capital growth is 6.51% on houses and 6.91% on units.
The Demand to Supply Ratio or DSR rating has homes and units or apartments as very good. Buyers are in high demand, but there aren't enough houses for them to select from. Sellers do not have to wait long to obtain a reasonable offer. Prices are being pushed higher. In the near future, expect strong capital growth. It takes on average 11 days to sell a house and 16 days to sell a unit in Lilydale.
House prices and rent returns in Lilydale.
- 2 bedroom home $592,000, Rent per week $410
- 3 bedroom home $809,000, Rent per week $460
- 4 bedroom home $995,000, Rent per week $600
Unit prices and rent returns in Lilydale.
- 1 bedroom unit N/A, Rent per week $330
- 2 bedroom unit $537,475, Rent per week $390
- 3 bedroom unit $750,000, Rent per week $457
The Lilydale gross rental yield for houses is 3.09% and for units, it is 3.40%.
Free Real Estate Appraisal Lilydale
Selling your house in Lilydale? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Lilydale
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Lilydale
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Lilydale home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Lilydale?
- Recent property sales history in the Lilydale district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property
Want to know what your Lilydale home is worth?
Recently Sold Properties in Lilydale
Lifestyle in Lilydale
Lilydale is a town and outer suburb of Melbourne, Victoria, Australia, located in the Yarra Valley, 34 kilometres north-east of Melbourne's central business area. Lilydale has a population of 15,530 people according to the 2016 census. Neighbouring suburbs include Chirnside Park, Mooroolbark and Coldstream.
Olinda Creek is a tributary of the Yarra River that flows through Lilydale and has its source in the Dandenong Ranges. Lillydale Lake, a recreational place where children may play and learn about the wetlands environment, is well-known in Lilydale. Modern housing complexes, such as Lakeview Estate, surround the lake.
The Lilydale railway line's terminal, Lilydale station, provides half-hourly metropolitan train services.
Schools in Lilydale
There is 8 schools in Lilydale, as well as an array of other schools nearby in the surrounding suburbs.
Lilydale Real Estate Agent Contact Details
Office: Lilydale
Phone: 03 9735 3300