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Investment Property Lower Plenty, VIC, 3093

Suburb Snapshot

Lower Plenty is a suburb in the Banyule Region of Victoria. Lower Plenty has a population of 3,894 people and 15.26% of its occupants live in rental accommodation. The median listing price for houses is $1,400,000 and this has changed -12.50% over the past year and changed 7.69% over 2 years.

The median rent in Lower Plenty for houses is $545 per week and the median rental yield is 2.02%. Stock on the market for houses/townhouses has changed -25.00% compared to last year and the average time to sell a house/townhouse is 87 days.The median listing price for units is $550,000 and this has changed 0.00% over the past year. The average unit takes 67 days to sell and the median rent for a unit in Lower Plenty is $420 per week, producing a rental yield of 3.97%.

Supply & Demand in Lower Plenty, Banyule

0.24%

Current vacancy rate


4

Rental stock available


3,894

Population


15.26%

Rental population


0.76%

Current vacancy rate


421

Rental stock available


121,863

Population


22.40%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Lower Plenty, Banyule

  House Townhouses Units
Median listing price $1,400,000 NA $550,000
Median price change - last quarter -2.61% NA 2.80%
Median price change - 1 year -12.50% NA 0.00%
Median price change - 2 years 7.69% NA -3.51%
  House Townhouses Units
Median weekly rent $545 NA $420
Median yield % 2.02% NA 3.97%
Median rent change - 1 year 0.00% NA 5.00%
  House Units
Previous month sales 0 0
Stock on market previous month 15 8
Stock variance vs. last year -25.00% 0.00%
Average days on market 87 67

Lower Plenty investment property listings

Showing 5 of 27 investment properties found in Lower Plenty on realestateinvestar.com.au

38/123 Main Rd, Lower Plenty

$400,000

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Convenient Contemporary Living in a Perfect Location

EXPRESSIONS OF INTEREST CLOSES TUESDAY 21ST MAY 4PM (UNLESS SOLD PRIOR) Immerse yourself in the comfort and style of this uber-conveniently located, spacious 2 bedroom apartment in the heart of Lower Plenty. Overly generous in size, the apartment boasts a great living area, spacious bedrooms and ...

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Unit

VIC 3093


6/7 Rosehill Rd, Lower Plenty

$4,195,000

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Rare opportunity to acquire the prestigious Estate with unparall

An exclusive opportunity awaits the discerning individual who seeks to inhabit one of Melbourne's most extraordinary properties. Embark on a journey of opulence, traversing the tree-lined and gated driveway that exudes a sense of power, wealth, and dignity. Nestled on 6.5 acres, this timeless ...

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House

VIC 3093


12/98 Main Rd, Lower Plenty

$590,000

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Low Maintenance Living in the Heart of Lower Plenty

EXPRESSIONS OF INTEREST CLOSING TUESDAY 7TH OF MAY 5PM (UNLESS SOLD PRIOR) Situated in the heart of Lower Plenty, this low maintenance home offers a lifestyle of comfort and convenience. Whether you're just starting out or looking to invest, this home is perfect for you. Spanning across a dual ...

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Unit

VIC 3093


8 Lynwood Cres, Lower Plenty

$1,500,000

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Beautiful & Tranquil Indoor-Outdoor Family Haven

A serene and secluded family sanctuary that's elevated in a highly sought-after cul-de-sac, this beautiful light-filled residence combines a flexible flowing layout and excellent quality appointments amidst tranquil landscaped garden designed for entertaining. An open-plan, split-level interior ...

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House

VIC 3093


4 Roseburn Ct, Lower Plenty

$5,800,000

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Resort living at its luxurious best.

Experience luxurious resort-style living within Lower Plenty's prestigious acre precinct with this spectacular masterpiece, privately set on a lifestyle acre (approx.) sanctuary that truly is the ultimate family playground. Establishing a new class of living with breathtaking proportions, ...

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House

VIC 3093


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