2/11 Maroondah Highway, Lilydale VIC 3140
2/11 Maroondah Highway, Lilydale VIC 3140
Modern townhouse | walkable Lilydale | dual-level zoning | low-maintenance hold
This property positions competitively within Lilydale’s townhouse market primarily through its walkable location and separate living zoning, which is uncommon in compact 124m² designs. The two-level layout with distinct zones suits remote workers or consultancy use, giving it a broader buyer pool than standard three-bedroom units. For a buyer, the key advantage is the ability to appeal to both owner-occupiers and tenants, with the rental estimate around $655 weekly supporting a reasonable yield if held. It serves best as a low-maintenance home for a downsizer or first-home buyer who values proximity to Lilydale’s amenities and high school zoning.
The main risk is the land size—124m² limits future subdivision or significant value uplift, and the 2010 sale history suggests limited capital growth in this strata complex. The asking range sits close to recent comparable sales in the same building, so there is no obvious discount to exploit. However, the lack of overlay complications and reliable NBN connectivity add passive holding value. For a buyer, treat this as a lifestyle purchase with steady rental potential, not a land-banking opportunity; hold for five years or use as a lock-and-leave base.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/11 Maroondah Highway, Lilydale VIC 3140
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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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
3
Bathroom
2
Parking
2
Land
124m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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