Lilydale and Croydon sit at the end of Melbourne’s Lilydale train line and offer a lifestyle-meets-value proposition that has attracted strong buyer demand over the past five years.
Median Price Comparison
| Metric | Lilydale | Croydon |
|---|---|---|
| Median House Price | $820,000 | $880,000 |
| Median Unit Price | $510,000 | $550,000 |
| Gross House Yield | 3.8% | 3.6% |
| Gross Unit Yield | 4.5% | 4.2% |
| 5-Year Growth | 41% | 38% |
| GeeVee Score | 7.3/10 | 7.2/10 |
Which Suburb Wins?
Lilydale edges Croydon on capital growth (41% vs 38%) and yield, with a lower entry price and Yarra Valley lifestyle appeal. Croydon wins on established amenity, school catchments and proximity to Ringwood’s Eastland precinct.
Frequently Asked Questions
Is Lilydale a good investment suburb?
Lilydale’s 41% five-year growth, Yarra Valley lifestyle appeal and Lilydale line terminus access make it a strong outer east investment pick below $850,000.
Why is Croydon more expensive than Lilydale?
Croydon commands a slight premium due to its more established suburb character, better school catchments and proximity to Ringwood’s Eastland activity centre.
Find off-market opportunities in Lilydale, Croydon and Melbourne’s outer east at collings.com.au/portal.
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