Lilydale, located in the picturesque Yarra Valley region of New South Wales, offers residents an attractive blend of natural beauty, suburban comfort, and close-knit community living. Known for its wineries, parks, and vibrant local culture, Lilydale is an ideal choice for families, professionals, and retirees alike. This article delves into the best residential areas in Lilydale, providing comprehensive details about their unique characteristics, housing options, and average property prices.
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Lilydale Central

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Lilydale Central is the vibrant heart of the suburb, bustling with activity. It features a variety of shops, cafes, and services, making it perfect for those who want to be close to every amenity.
Characteristics of the Lilydale Central
* Culture: A mix of local and international cuisine, arts, and community events.
* Transportation: Well-served by public transport; rail services to Melbourne and surrounding areas.
* Services: Grocery stores, schools, retail outlets, and healthcare facilities nearby.
* Environment: Lively and welcoming, with a strong sense of community.
Housing Options in the Lilydale Central
Units, Townhouses, Family homes.
Average Home Prices in the Lilydale Central
* Buying: $650,000 – $850,000
* Renting: $1,800 – $2,400/month
Lilydale Lake Area

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The Lilydale Lake Area is well-known for its stunning lakeside park, providing a tranquil environment perfect for nature lovers and families.
Characteristics of the Lilydale Lake Area
* Culture: Outdoor activities, picnic spots, and community-focused events.
* Transportation: Personal vehicle recommended; access to public transport is available.
* Services: Local parks, walking tracks, and playgrounds for family enjoyment.
* Environment: Peaceful and family-friendly, ideal for outdoor enthusiasts.
Housing Options in the Lilydale Lake Area
Single-family homes, Duplexes.
Average Home Prices in the Lilydale Lake Area
* Buying: $700,000 – $1,000,000
* Renting: $1,900 – $2,500/month
Stonehurst Estate

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Stonehurst Estate is an exclusive community that offers a range of modern homes set amidst beautiful landscapes. It appeals to those seeking a slightly more upscale living experience.
Characteristics of the Stonehurst Estate
* Culture: Community events and a sophisticated lifestyle.
* Transportation: Good access to public transport and major roadways.
* Services: Gated community with additional security features, close to local services.
* Environment: Quiet, serene, and upscale with well-maintained gardens and parks.
Housing Options in the Stonehurst Estate
Luxury homes, Family residences.
Average Home Prices in the Stonehurst Estate
* Buying: $900,000 – $1,200,000
* Renting: $2,500 – $3,500/month
Yering Area

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Nestled in the wine region, Yering is known for its rural charm and proximity to vineyards, making it perfect for those who seek a country lifestyle while remaining close to Lilydale’s amenities.
Characteristics of the Yering Area
* Culture: Wine tasting and agricultural lifestyle.
* Transportation: Requires a car for transportation, though public transport is accessible.
* Services: Limited local shops; however, major services are a short drive away.
* Environment: Rural and laid-back, with beautiful views and plenty of outdoor spaces.
Housing Options in the Yering Area
Country houses, Acreage properties.
Average Home Prices in the Yering Area
* Buying: $800,000 – $1,100,000
* Renting: $2,200 – $3,000/month
Mooroolbark

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Just a stone’s throw from Lilydale, Mooroolbark boasts a friendly community atmosphere with all the conveniences of suburban living, making it a great option for families and first-home buyers.
Characteristics of the Mooroolbark
* Culture: Family-focused, community-driven with school events and local sports.
* Transportation: Excellent rail connections to Melbourne, bus services available.
* Services: Schools, cafes, parks, and supermarkets are located nearby.
* Environment: Casual and welcoming, with an active community spirit.
Housing Options in the Mooroolbark
Houses, Units.
Average Home Prices in the Mooroolbark
* Buying: $650,000 – $850,000
* Renting: $1,700 – $2,300/month
Chirnside Park

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Chirnside Park is close to Lilydale and features picturesque parklands and significant retail options. It's family-friendly and offers a mix of entertainment and amenities.
Characteristics of the Chirnside Park
* Culture: Shopping, dining, and recreational activities.
* Transportation: Well connected by bus services; close to major roads.
* Services: Plenty of shopping facilities, schools, and healthcare options.
* Environment: Vibrant and growing, ideal for families and professionals.
Housing Options in the Chirnside Park
Family homes, Townhouses.
Average Home Prices in the Chirnside Park
* Buying: $750,000 – $950,000
* Renting: $1,800 – $2,400/month
Frequently Asked Questions About the Best Residential Areas in Lilydale:
The best areas include Lilydale Central, Lilydale Lake Area, Stonehurst Estate, Yering Area, Mooroolbark, and Chirnside Park.
Lilydale Central and Mooroolbark both offer great amenities for families, including schools, parks, and community events.
Stonehurst Estate offers more exclusive and upscale properties for those seeking a luxury lifestyle.
Lilydale Central has the best access to public transport, including train services directly to Melbourne.
Yes, the suburbs of Lilydale Central and Mooroolbark have a variety of quality schools and educational institutions.
Average rent varies from $1,700 to $3,500 per month depending on the location and type of property.
Yes, Lilydale shows promising capital growth and is an attractive spot for both homebuyers and investors.
You can find a wide range of housing options including units, townhouses, family homes, and rural properties.
The median price for houses typically ranges from $650,000 to $1,200,000 depending on the suburb.
Lilydale offers numerous amenities including schools, shopping centres, parks, medical facilities, and public transportation.
Conclusion on the Best Residential Areas in Lilydale:
Lilydale provides a remarkable selection of residential areas, each with its unique flavour and appeal. Whether you are drawn by the vibrant atmosphere of Lilydale Central, the tranquil beauty of the Lake Area, the luxury of Stonehurst Estate, or the community vibe of Mooroolbark and Chirnside Park, there’s something for everyone. The suburb’s convenient amenities, natural scenery, and array of housing options make it an exceptional choice for individuals and families alike. As the Yarra Valley continues to be a sought-after destination, Lilydale’s real estate market offers great opportunities for capital growth and quality living.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.