19 Cosy Place, Lilydale VIC 3140

19 Cosy Place, Lilydale VIC 3140
Renovated 4-bedroom cul-de-sac house | dual living levels with ground-floor bedroom | strong street capital growth | near schools and transport This property occupies a strong position within a quiet cul-de-sac, where a recent 3-bedroom sale achieved $776,000, confirming local demand and capital growth of 76% over nine years. The four-bedroom configuration with a ground-floor bedroom and separate powder room offers genuine flexibility for families, guests, or home-office use, a layout rarely found in comparable townhouses. Recent upgrades to the kitchen, laundry, and heating reduce immediate maintenance risk, while the covered entertaining zone and dual garage with rear access add practical depth. The property is best suited to buyers seeking a move-in ready family home with established street appeal, good school proximity, and solid resale evidence. The primary risk lies in the propertyโ€™s dual description as both a house and townhouse-like dwelling, which may affect financing or insurance for some buyers. The land area is not disclosed, and the compact courtyard limits expansion or outdoor amenity for larger families. However, the streetโ€™s limited turnover and strong growth trajectory suggest low supply risk, and the propertyโ€™s renovated condition removes the need for immediate capital outlay. For buyers prioritising location, layout flexibility, and a proven growth corridor, this property offers a defensible entry point into a tightly held pocket of Lilydale.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 19 Cosy Place, Lilydale VIC 3140
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Market Insight:

Lilydale presents as a stable, family-oriented suburb with high owner-occupancy, underpinned by a professional demographic. Demand is driven by established households seeking long-term security, reflected in consistent sales activity. The market demonstrates solid capital appreciation for houses, with a more tempered trajectory for units, while rental yields remain attractive. Future growth is supported by sustained buyer interest, though a slightly extended sales period compared to peers suggests a measured market pace, with affordability for the dominant demographic a key consideration.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

238mยฒ

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