16 Parker Drive, Lilydale VIC 3140

5-bedroom Hamptons | Kinley Estate | 512m² lot | solar + study This property offers rare depth for a family buyer: a double-storey Hamptons design on a 512m² lot with a study and separate ground-floor bedroom, which is uncommon in new estates and supports multigenerational or work-from-home use. The 232m² building size at 45% coverage leaves usable garden space, while solar panels and Opticomm FTTP reduce ongoing costs. Positioned in Kinley Estate with zoning for Rolling Hills Primary and Lilydale High School, it serves families seeking a turnkey home with school catchment certainty and low maintenance. The main risk is the bushfire overlay, which may increase insurance premiums and impose landscaping restrictions, though no flood or heritage overlays apply. The 129m elevation and 9m roof height are neutral for resale but may affect heating and cooling costs. With a 2020 land purchase price of $565,000 and current listing above $1.25m, the buyer pays for completed construction and estate premium. This property should be held as a long-term family home, not a short-term flip, given the overlay and estate pricing cycle.