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VIC › Lilydale › Lakeview Dr

126 Lakeview Dr, Lilydale VIC 3140

House

$930,000

Last sold

14 Feb 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

863 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $930,000 (14 Feb 2023).(Recorded sale)
  • FactLand 863 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lilydale (last 5 years) with land size: median $1,114/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 (NRZ1) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$930,000

14 Feb 2023 · derived via latest_sale

Local land rate: recorded House sales in Lilydale (last 5 years) with land size have a median of $1,114/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Lilydale at a glance

18,918

People

$900,000

Median sale

$606/wk

Median rent

3.50%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Lilydale report →

Vs Lilydale

+3.3%

Median sale

Suburb $900,000

-0.11 pp

Gross yield

Suburb 3.50%

Suburb median $900,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1

NRZ1

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 1343430

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$930,00014 Feb 2023
  2. Listedprice unknowncompleted1 Feb 2023
  3. Listedprice unknowncompleted1 Feb 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 866 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 866 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $606/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 866 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 866 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 23. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lilydale in one glance

Lilydale at a glance

18,918

People

$900,000

Median sale

$606/wk

Median rent

3.50%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Lilydale report →

Keep researching

  • Why Lilydale? Read the area thesis →
  • What else is on the market in Lilydale →
  • Other records on Lakeview Dr →

Listing material

Listed by Barry Plant Lilydale

Irresistible family haven.

Spectacularly set in a leafy, tree-lined locale, this irresistibly spacious residence draws in glorious outdoor aspects, whilst lavishing every space with natural light in the sought-after Lakeview Heights Estate.

Poised on an elevated 863sqm approx. allotment, the home's split-level layout caters for a growing family's lifestyle demands, opening onto a welcoming entry foyer that connects with the bright and beautiful lounge room, detailed with an elegant bay window and plantation shutters.

The kitchen and meals zone enjoys easy-care tiled flooring, 900mm Bellini appliances with radiant red glass splashbacks, Fisher and Paykel dish-drawer dishwasher, push-open drawers, discreetly hidden power point towers. The brilliant servery window connects to the outdoor entertaining area, creating an indoor/outdoor sanctuary alongside the elevated family room.

Read the full description

Double opening french glass doors provide access outside, leading to a brilliant entertaining area, complete with paving and deck with convenient pull-out umbrellas. Adding further allure, the generous backyard is beautifully tiered with gardens and offers far-reaching views from its upper-most level, along with a 'penthouse' chicken coop, citrus trees and fully fenced vegetable garden.

Ideal for those keen to spend time on their hobbies, a fabulous rear garage has been converted into a studio area and huge workshop with water connection, cupboards and built-in benches.

Four robed bedrooms with plantation shutters completes this premier home, including a master bedroom boasting bay window, fitted walk-in-robe and modern ensuite, supplemented by family bathroom with toilet and separate laundry.

Notably appointed with ducted heating, evaporative cooling, two connected water tanks, new fences and sleeper walls, window awnings, shed plus double garage.

This truly is the dream family home, in a serene setting with a bus stop directly out the front and moments from Lillydale Lake, Carrum-Warburton Trail, Mooroolbark East Primary School, Lilydale High School, Edinburgh College, Lilydale Marketplace Shopping Centre, Lilydale Village shops, cafes and restaurants plus Lilydale Train Station.

Listing description written by Ashley Hutson, Barry Plant Lilydale — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Outdoor Entertaining
  • Shed
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.