4 Gladstone Street, Lilydale VIC 3140

Single-level layout | 3-bedroom with ensuite | Lock-up garage with drive-through | Quiet central Lilydale street | Small low-maintenance block This property presents as a competitively positioned entry-level family home in a convenient Lilydale pocket. The single-level configuration with an ensuite and a second bathroom is uncommon for this price band and directly addresses downsizer and young family demand. The lock-up garage with internal access and drive-through capability adds practical utility that strengthens buyer appeal beyond the compact land size. The property is best suited to buyers prioritising low-maintenance living and school access over expansive outdoor space. The primary risk is the small 272sqm block, which limits future extension potential and may deter buyers seeking a larger footprint. The price guide sits in a competitive segment, meaning presentation and condition will be decisive. The quiet street positioning and established residential context mitigate some location risk, while the school catchment for Victoria Road Primary and Lilydale Heights College provides a stable demand floor. No structural or disclosure red flags are evident from available data.