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VIC › Lilydale › Bowen Rd

24 Bowen Rd, Lilydale VIC 3140

For saleHouse for Sale

$840,890

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

462 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $840,890 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $840,890(Listing record · 6 May 2026)
  • FactLand 462 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% below the Lilydale median recorded sale ($900,000, n=38, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lilydale's advertised median rent ($606/wk), implied gross yield would be 3.75% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$840,890

Asking · $1,820/m² of land

No recorded sale for this property.

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

-6.6%

Median sale

Suburb $900,000

+0.25 pp

Gross yield

Suburb 3.50%

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

Total cost to purchase

Purchase Price
$840,890
Stamp Duty (Victoria)
$45,523
Transfer/Registration Fee
$2,070
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$892,183

$51,293 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lilydale's advertised median rent — not a rent for this listing.

Net yield
2.25%
Annual cashflow (pre-tax)
$-24,828
Interest cover (DSCR)
0.43
Annual rent
$31,512
Operating expenses
$12,613
Loan amount
$672,712
Annual interest
$43,726
Gross yield
3.75%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$840,890available5 May 2026

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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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

Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Bowen Rd →

Listing material

Listed by Real Estate Yarra Valley

Fabulous family abode with dual living

Perched at the front of a subdivided block on it's own title with no body corp or shared driveway, this immaculately presented property is a perfect blend of space, comfort, and dual family living.

Situated in a sought after street in Lilydale, right opposite Lilydale West Primary School.

Features at a Glance:

Read the full description

-Easy care rendered home on front 462m2 compact block

-Self contained one bedroom unit downstairs

-5 bedrooms in total

-Master bedroom has en suite

-Main bathroom has bath

-Open plan living

-Stunning Hardwood floors throughout

-Ducted Heating/Split system A/C

-Gourmet kitchen with double pantry and 900mm Blanco Oven

-Double Remote Garage with extra off street parking

-Fantastic location, right opposite Lilydale West Primary School and walk to Main st shops and Station

The heart of the home boasts an open-plan living area, beaming with natural light and country views, complemented by stylish hardwood timber floorboards throughout.

Complete with ducted heating, split system A/C ensuring warmth and comfort throughout the seasons.

The kitchen is a chef's delight, with a 900mm Blanco gas cooktop and electric oven, including a dishwasher, good storage with double pantry and ample bench space, making meal preparation a breeze.

This impressive property features 3 spacious bedrooms with built in robes, plus extra bedroom or study/office, all on one level upstairs whilst downstairs you have your own private entry to a one bedroom fully self contained unit, perfect for teenagers, older family members or guests. Your options are many, create your own workshop/office salon or b n b retreat.

With 3 well-appointed bathrooms, master bedroom has it's own en-suite, the main family bathroom has a bath and separate toilet.

Step outside to discover a compact block, complimented by privacy, a veggie garden, all perfect for outdoor entertaining or quiet relaxation. The property features a lovely balcony, offering serene views and a peaceful retreat.

Additional highlights include a remote-controlled double garage with extra parking in the driveway. Under house storage perfect for your garden needs.

A desirable location with an easy 12-minute walking access to Lilydale Station, Main street with all its trendy cafes and shops. A few doors away you will find a local small park perfect for those young ones to play.

On the doorstep of the picturesque Yarra Valley with its market gardens and wineries, this is your opportunity to secure this family home.

Don't miss out on this exceptional property, we hope to meet you at one of our upcoming open inspections, private inspections are also welcome.

Listing description written by Deanna Ripepi, Real Estate Yarra Valley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 2
  • Floorboards
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Toilets: 3
  • Water Tank

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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.