4 Vega Close, Lilydale VIC 3140

Picket-fence charm in a court setting | 432sqm block with deck and shed | Renovated facade with original floorboards | School catchment and 5G coverage | No overlays detected This property presents a rare combination of character and low-maintenance amenity in a quiet court location. The renovated Western Red Cedar facade and original floorboards give it a point of difference from newer builds, while the 432sqm block with deck and shed offers genuine outdoor utility without the upkeep of a larger yard. The property sits within the Lilydale Primary and High School catchment, which broadens its appeal to families, and the absence of bushfire, flood, or heritage overlays removes common friction points for buyers and lenders. For a buyer seeking a settled, turnkey house with privacy and a strong rental yield, this is competitively positioned. The main risk is the single bathroom, which may limit appeal for families with older children or those seeking a dual-income rental strategy. The internal building area of 93sqm is compact, so the floorplan will need to be assessed for practical living flow. However, the court setting and picket fence create a defensible street presence, and the NBN and 5G connectivity add modern convenience. For an owner-occupier or investor prioritising location, school access, and low risk, this property offers a clear opportunity to secure a well-presented house without paying a premium for land area or renovation costs.