Back 27 Rouke St
Off Market

27 Rouke St

Lilydale VIC 3140

4
2
2
965 m²
House
Julien KarolosJulien Karolos, last sold this property on 31 July 2025 after 2 days on market.

Overview

A Rare Opportunity in the Heart of Lilydale – Development, Investment or F

This is an opportunity not to be missed! Whether you're searching for a spacious family home, a quality investment, or your next development project – this property ticks all the boxes. Proudly perched on the high side of the street with the Dandenong Ranges in one direction and the Yarra Valley in the other, Lilydale station and shops a short walk, Chirnside Park Shopping Centre a short drive, the location couldn’t be better. Set on a generous 965m² (approx.) allotment with an expansive 19.5m frontage and no easements, this property offers exceptional potential in a thriving growth corridor. The existing home features four bedrooms, two bathrooms, and multiple living zones – ideal for a large or multi-generational families. The master suite is thoughtfully zoned for privacy, offering its own breakout spaces separate from the kids’ wing. On the ground level you will find a single garage and an enormous concreted space ideal for a gym, workshop, rumpus, studio or storage – the possibilities are endless. The fully fenced backyard is bathed in sunlight, includes a storage shed, and provides ample room for kids, pets, or future enhancements. Development Potential: Rouke Street is a hotspot for development, zoned DD07 surrounded by a mix of 2–6 unit sites with strong precedent already set. Whether you're ready to build now or prefer to landbank and develop later (STCA), this site offers huge long-term upside. Investment Appeal: Currently tenanted by long-term occupants on a month-to-month lease, with interest in renewing, this is a ready-made investment with scope to add value down the track. As development continues around you, the land's value and appeal will only grow. Don’t miss your chance to secure one of Lilydale’s most promising opportunities. For more information or to arrange your inspection, contact Julien on 0417 332 442. We look forward to seeing you at one of our open homes!

Features

4 bedrooms
2 bathrooms
2 carspaces
1 carport space
1 garage space
965 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Lilydale over the last 12 months, the estimated median property value of 27 Rouke St is $1.06m.

Median value
$1.06m
Estimated value range
$716.5k - $2.37m
Median days on market
32
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lilydale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 27 Rouke St

2025
Sold
Undisclosed
31 Jul 2025 by Julien Karolos, of LJ Hooker Boronia
2020
Rented
Undisclosed
Leased on 16 Jan 2020 by Ray White Lilydale
2018
Rented
Undisclosed
Leased on 03 Jul 2018 by Ray White Lilydale

Happy sellers in Lilydale

94%
94% of sellers in Lilydale reported that their sale price either exceeded or met their price expectations.

Lilydale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Lilydale over the last 12 months.

Local market activity for 4 bedroom houses in Lilydale

In the last 12 months, 95 four-bedroom houses similar to 27 Rouke St, have been sold.

This represents a 8% increase in four-bedroom houses sales when compared to the previous 12 months.

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