24 The Eyrie, Lilydale, Vic 3140

$925,000 - $1,000,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
881 mΒ²
Area

Published on Thursday, October 22, 2026 ( See property details for 24 The Eyrie, Lilydale, Vic 3140)

$925,000 - $1,000,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property offering a spacious landholding with existing home, stunning views, and approved development plans in Lilydale's sought-after location.

🏑 Property Highlights

  • Substantial 881sqm allotment with future development potential
  • Planning permits in place for six units, ideal for developers
  • Elevated position offering stunning Yarra Valley views
  • Existing three-bedroom home with scope for renovation or extension
  • Prime location close to Lilydale's amenities and attractions
  • Approved plans provide a clear pathway for future development

✨ Key Features

  • Balcony
  • Open-Plan Living
  • Walk-in Pantry
  • Garden / courtyard
  • Double Garage
  • Light-filled living room
  • Separate kitchen with gas cooking
  • Generous rear garden
  • Elevated position
  • Planning permits in place
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24 The Eyrie
Lilydale, VIC 3140
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Vertical aerial view β€” 24 The Eyrie
24 The Eyrie — Vertical Aerial  •  Lilydale, VIC 3140  •  Nearmap © 2026

Lilydale offers a vibrant community with excellent amenities, including shopping precincts, train station, and schools. Surrounded by the scenic Yarra Valley, it provides a peaceful yet convenient lifestyle. The area is ideal for families, investors, and developers seeking growth opportunities. Its established residential character is complemented by future development potential, making it a highly desirable location. Proximity to recreational facilities and natural attractions ensures a balanced lifestyle for residents.

What are the future development possibilities for this property?
The property has planning permits in place for six units, offering a clear pathway for future development, whether for renovation, extension, or new construction.
Can the existing home be renovated or extended?
Yes, the existing three-bedroom home offers scope for renovation, extension, or reimagining to suit your lifestyle or investment goals.
What are the benefits of the elevated position?
The elevated position provides stunning views of the Yarra Valley and enhances the property's appeal, offering a scenic outlook and increased privacy.
Is the property suitable for investment purposes?
Absolutely, with approved plans for six units and a substantial landholding, this property presents a significant opportunity for investors and developers.
What amenities are nearby?
The property is conveniently close to Lilydale's shopping precincts, train station, schools, recreational facilities, and the attractions of the Yarra Valley.
Are there any additional costs or fees associated with the approved development plans? Have all necessary planning and building approvals been obtained and are they compliant with current regulations? Are there any easements, covenants, or zoning restrictions that could impact future development? Is there any history of flooding, bushfire risk, or other environmental hazards on the property? Are there any upcoming planning or construction activities in the area that could affect the property’s value or livability? What are the strata or body corporate considerations if the approved plans are implemented? Are there any known defects or issues with the existing home or land that require attention? Is the property connected to all essential services, including water, sewer, electricity, and high-speed internet? Are there any restrictions or conditions attached to the planning permits? What are the ongoing maintenance costs for the property and land?

24 The Eyrie, Lilydale, Vic 3140 - More Details

$925,000 - $1,000,000

Occupying an impressive 881sqm (approx.) allotment at 24 The Eyrie, Lilydale, this is an outstanding opportunity to secure a substantial parcel of land in an established location, complete with planning permits in place for six units.

Elevated to capture stunning views across the Yarra Valley, the existing three-bedroom home offers scope to renovate, extend or reimagine, while the approved plans present an exciting opportunity for developers and investors looking to unlock the site's future potential.

Part of the Residential Growth Zone – Schedule 1 (RDZ1) Yarra Ranges Planning Scheme.

At A Glance
β€’ Three bedrooms, one bathroom and a double garage
β€’ Substantial 881sqm allotment (approx.)
β€’ Planning permits in place for six units
β€’ Elevated position with stunning Yarra Valley views
β€’ Front balcony capturing the outlook
β€’ Light-filled living room with balcony access
β€’ Separate kitchen featuring gas cooking and a walk-in pantry
β€’ Generous, leafy rear garden
β€’ Approximate boundaries: 22.8m frontage, side boundaries of 49m and 18.3m, and a 41.1m rear boundary

You’ll Love
Enjoy the convenience of being close to Lilydale's shopping precincts, train station, schools, recreational facilities and the attractions of the Yarra Valley. Combining an established residential setting with substantial land, elevated views and planning permits already in place, this is a rare opportunity to explore the possibilities of a property with exciting future prospects.

Whether you're looking to pursue the approved plans, renovate the existing home or secure a sizeable allotment in a convenient location, the potential here is undeniable.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
881 mΒ²

Price guide

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Map & nearby places — 24 The Eyrie, Lilydale, Vic 3140

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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