The property at 292 Main Street, Lilydale (otherwise known as the Lilydale ('White Dog') Hotel) is significant. The form, scale, setback and detailing of the substantial Late Victorian style hotel is of local significance. The rendered verandah posts, cement sheet verandah floor, tube metal balustrade, Trimdek profile corrugated metal balustrade, and other later alterations and additions are not significant.

The Lilydale ('White Dog') Hotel is of local historical and aesthetic significance to the Township of Lilydale and Yarra Ranges Council more broadly.

The Lilydale ('White Dog') Hotel a substantial two-storey Late Victorian era hotel constructed of brick with a stone course base. 

 

The Lilydale ('White Dog') Hotel is historically significant as one of the first large purpose­ built hotels to operate in the district, dominating the commercial precinct of Main Street in Lilydale. The hotel is credited as playing a major role in the early development of the region through its operation as a coach house. The site has been in continuous use as a hotel since construction of the first building on site in 1862. 

 

The Lilydale ('White Dog') Hotel is aesthetically significant as a substantial Late Victorian style hotel. Physical elements contributing to the aesthetic significance of the site include the scale of the building, being one of the largest remnant commercial buildings on Main Street; the rectilinear built form; the fa9ade treatment with a deep, two-storey verandah with a bell-cast roof; the largely unadorned parapet with three decorative pediments; rendered profiled chimneys; brick walls with a stone course base; original dado wall tiles; and timber sash windows and doors with fanlights.