Lilydale
The median rent for a 2-bedroom unit in Lilydale is $500 a week for leases that started in the year to September 2025, up 4.2% on a year earlier. That is 9% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $955,300 for a house and $617,500 for a unit. A year of rent for that home is about 4.0% of its median sale price (gross rental yield). The rent data covers Croydon-Lilydale as one area, so these rent figures are shared by Croydon, Lilydale.
Median rent in Lilydale
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $363 | +13.8% | 54 |
| 2-bedroom unit | $500 | +4.2% | 333 |
| 3-bedroom unit | $620 | +6.9% | 266 |
| 2-bedroom house | $525 | +5.2% | 118 |
| 3-bedroom house | $600 | +5.3% | 610 |
| 4-bedroom house | $730 | +5.0% | 252 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $955,300 | Mar 2026 quarter |
| Unit | $617,500 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Berwick $500 a week
- Boronia $500 a week
- Brunswick West $500 a week
- Coburg North $500 a week
- Eltham $500 a week
- Montmorency $500 a week