Lilydale, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Lilydale
VICCensus 2021 · Population 17,345
Lilydale is a suburb with a total population of 17,345, characterized by a median age of 40, which is slightly higher than the Victorian average of 38. The gender distribution is fairly balanced, with 48.6% male and 51.4% female residents. The suburb has a significant proportion of family households, accounting for 72.9%, with a notable 45% being couples with children. The area is predominantly Australian-born, with 79.5% of residents born in the country, compared to the Victorian average of 65%.
Key Highlights
- Above average household income - $1,764 weekly (vs VIC $1,759)
- High proportion of separate houses - 79.7% (vs VIC 73.4%)
- Low unemployment rate - 3.4% (vs VIC 5.0%)
- Significant family presence - 45% couples with children
- Predominantly Australian-born population - 79.5%
Things to Consider
- Lower percentage of residents with bachelor's degrees - 18.9% (vs VIC 29.2%)
- Higher median age - 40 years (vs VIC 38 years)
- Limited public transport usage - 2.5%
- Lower percentage of residents born overseas - 20.5% (vs VIC 35%)
- Relatively high median monthly mortgage - $1,950
What's it like living here?
Daily life in Lilydale is family-oriented, with a strong emphasis on home ownership. The suburb has a high percentage of separate houses at 79.7%, which is above the Victorian average of 73.4%. Commuting patterns show that 56.1% of residents drive to work, while 21.4% work from home, slightly below the Victorian average of 25.7%. The community feel is enhanced by a relatively low unemployment rate of 3.4%, compared to the state average of 5.0%.