19 Archer Close, Lilydale VIC 3140
19 Archer Close, Lilydale VIC 3140
3 bed family house | 542m² standard block | off-market opportunity | Lilydale primary school zone | low-density outer-east setting
This property holds a genuinely practical position in Lilydale’s detached-house market. The 542m² block is right in the suburb’s typical range, giving you a usable yard without the maintenance burden of a larger lot. Three bedrooms and two bathrooms suit a young family or a downsizer who still wants space for visitors. Being off-market, it may attract less competition than a public listing, which can work in your favour if you are prepared to move decisively. The house is best suited to owner-occupiers who value a quiet residential street, local school zoning, and the leafy character that defines this part of the Yarra Ranges.
The value picture here is shaped by a few factors that may influence what you ultimately pay. The absence of a confirmed build year or finishes schedule means condition could vary more than the estimate suggests, so a thorough inspection matters. The rental estimate of around $680 per week hints at reasonable income potential, but that is not a substitute for your own appraisal. The property’s off-market status might also mean the seller is flexible, or it could signal limited urgency. Weigh the school catchment, the standard block size, and the lack of any overlay concerns against the need for possible updates before forming your price view.
|| Comparable Sales: 17 Archer Close sold around $800k–$850k; 19 Britannia Way similar 3 bed layout | Property Price Band: $800k–$900k | Value Drivers: land size, school zone, off-market condition flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Archer Close, Lilydale VIC 3140
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Lilydale, a 29.2 sq km suburb in the Yarra Ranges with 23 parks, is anchored by a mature demographic: the 50-59 cohort dominates, households are mostly couples with children in professional roles, and 77.6% owner-occupancy signals stability. Demand centres on established family housing, reflected in a median house price around $925,000 with 5.96% annual growth and units at $643,000 growing 3.71%. Houses trade in 19-22 days, though one source extends to 51 days, and rental yields sit at 3.72% for houses and 4.62% for units. Five-year gains of 29.91% (houses) and 18.93% (units), plus 9.1-9.7% annual rent growth, underpin momentum. Constraints: dominant mortgage repayments of $1,800-$2,399 monthly heighten rate sensitivity, and residential sales dipped to 325 in 2024 from 346 in 2023.
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PropCred Estimated Value
Comparable Sales: 17 Archer Close sold around $800k–$850k; 19 Britannia Way similar 3 bed layout | Property Price Band: $800k–$900k | Value Drivers: land size, school zone, off-market condition flexibility
Bedrooms
3
Bathroom
2
Parking
1
Land
542m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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