Side by sideSuburb comparison

Lilydale vs Mount Evelyn.

Comparing two suburbs with median house prices of $957,500 and $850,000. Mount Evelyn edges out on more headline metrics in this comparison.

Mount Evelyn (median $850,000) is roughly 13% cheaper to buy into than Lilydale ($957,500).

Lilydale scores higher on walkability (100/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mount Evelyn (1033) sits above Lilydale (1029).

The takeWhich suburb suits which buyer

For buyers

Mount Evelyn is the lower entry point at $850,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Lilydale offers the higher gross rental yield (3.26% vs 2.23%), favouring cash-flow investors.

For families

Mount Evelyn edges out on average school ICSEA (1033 vs 1029).

Common questionsLilydale vs Mount Evelyn

Common questions

Is Lilydale or Mount Evelyn cheaper to buy in?

Mount Evelyn has the lower median house price at $850,000, roughly 13% below Lilydale ($957,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Lilydale or Mount Evelyn have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mount Evelyn scores 1033 vs 1029 in Lilydale. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Lilydale or Mount Evelyn?

Lilydale scores 100/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Lilydale or Mount Evelyn?

Gross rental yield on houses is 3.26% in Lilydale vs 2.23% in Mount Evelyn. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Lilydale
Metric
Mount Evelyn

Price & Market

$957,500
Median house
$850,000
$622,500
Median unit
$724,300
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$600/wk
Rent (house / wk)
$365/wk
$500/wk
Rent (unit / wk)
$365/wk
Owner occupied
87.0%
Renter occupied
9.0%

Lifestyle & Demographics

100
Walk score
0
0
Transit score
0
100
Bike score
100
17,348
Population
9,799
40
Median age
38

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1029
Avg ICSEA
1033

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).