Real Estate Lower Plenty, VIC, 3093 Banyule

Thinking about buying in Lower Plenty? Now could not be a better time, with a whopping 1972 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,369,000 with prices in this suburb ranging from $340,000 to $3,240,000.

Distance to the coast is 15 Km.

Instant Valuation

Lower Plenty Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Lower Plenty driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lower Plenty ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Lower Plenty classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Lower Plenty requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

About

Household makeup

Median Weekly Rent $526.86
Median Monthly Mortgage $2363.86
Median Persons Per Bedroom 0.63
Average Household Size 2.43
Average Age 40.00
Average Income $1402.00
Average Cars Per Dwelling 3.29
Average Properties Within 50M 13.00

Typical Property Prices

2 Bed$642,796
3 Bed$905,043
4 Bed$1,150,000
5 Bed$1,780,000

Housing Stock

Houses for sale Lower Plenty

Barry Plant 10 LAKESIDE DR, LOWER PLENTY, VIC, 3093 4 3 4 $4.2m - $4.4m
Barry Plant 24 LYNWOOD CR, LOWER PLENTY, VIC, 3093 3 2 3 SBSD Mon 12th Dec @6.00pm
Barry Plant 6 PAPERBARK CT, LOWER PLENTY, VIC, 3093 0 0 0 Contact Agent
Barry Plant 17 ROSEHILL RD, LOWER PLENTY, VIC, 3093 4 3 2 $1.88m - $1.98m
Fletchers 56 BONDS RD, LOWER PLENTY, VIC, 3093 4 2 3 For Sale $2,500,000 - $2,750,000
RayWhite 133 MAIN RD, LOWER PLENTY, VIC, 3093 3 1 2 Sale - $1,050,000
Woodards UNIT 3, 9-13 MAIN RD, LOWER PLENTY, VIC, 3093 2 1 1 $550,000 - $590,000

Local Schools

Lower Plenty Primary School

(While the above schools are located with the suburb of Lower Plenty there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Lower Plenty weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Curb

Fibre to the Node

Hybrid Fibre Coaxial (HFC)

Satellite


Nearby Suburbs

ViewbankMontmorencyYallambieTemplestowe LowerTemplestoweBriar HillRosannaBulleenWatsoniaHeidelberg

Public Transport

Montmorency - Less than 5 KM Stop 63: Greenwood Drive - Less than 10 KM Stop 63: Greenwood Drive - Less than 10 KM Stop 64: Mount Cooper Drive - Less than 10 KM Stop 64: Mount Cooper Drive - Less than 10 KM Stop 65: Grimshaw Street - Less than 10 KM Eaglemont - Less than 10 KM Rosanna - Less than 5 KM Macleod - Less than 5 KM Watsonia - Less than 5 KM

General Points of Interest

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