2/2 Summit Road, Lilydale VIC 3140
2/2 Summit Road, Lilydale VIC 3140
Compact townhouse with modern kitchen and split-system | School-zoned in Lilydale | Appeals to first-home buyers and downsizers | Small attached-dwelling format
A modern, compact townhouse with contemporary finishes is offered in a school-zoned part of Lilydale. Its updated kitchen, built-in robes, and split-system climate control provide a condition advantage over older unit stock. Reliable connectivity and low-maintenance living are key strengths. First-home buyers and downsizers are best suited to this property, as it delivers an achievable entry into an established suburban location without the demands of a larger lot.
The small attached lot may limit land-based value appreciation over time. Price expectations might be influenced by the property’s modern interior compared to unrenovated units. No confirmed lot dimensions or outdoor space are stated, which could affect buyer interest. The condition advantage may support price positioning, but title verification is advisable given variable public records.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/2 Summit Road, 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
2
Bathroom
1
Parking
1
Land
79m²
Assessments Delivered Today
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