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AREA REPORTS

Lower Plenty

Suburb Profile

Lower Plenty - FREE SUBURB PROFILE REPORT

POSTAL CODE: VIC,3093

house

unit

Property investors have seen a -1.78% drop in LOWER PLENTY based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains LOWER PLENTY, 3093 saw average growth in the long term.

The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $992,000

Profits averaged 1.42% per annum over a 3-year period, due to an upward trend in home prices in LOWER PLENTY, 3093.

This means, real estate investors could earn a rental income of $525 based on current median home prices for the suburb.

The gross rental yield in LOWER PLENTY, 3093 is 2.75%.

An average of 2.67 real estate transactions take place per month in LOWER PLENTY which translates to 32 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$992,000	$612,000
GROWTH REPORT
Median Quarterly	-1.78%	0.33%
Median 12 month	-5.97%	18.83%
Median 3 years	4.26%	9.09%
Median 5 years	32.27%	25.15%
10 years average annual	4.33%	5.49%
Weekly media advert. rent	$525	$400
Time on Market	89.2 days	63.5 days
Gross Rental Yield Percent	2.75%	3.4%

demographics (median values)

Total Population

3939

Weekly Household Income

1309

Household Size

2.60

demographics

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mortgage
calculators

Having your finances in order is essential to any successful investment. Use our calculators below to help plan your investment strategy and maximise your investment potential.

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Apollo Bay

48.63%
Millers Point

47.61%
Boston

47.58%
East Bairnsdale

47.54%
Mathoura

46.21%
Tomakin

45.97%
Zeehan

45.81%
Grenfell

45.45%
Toorak

45.27%
Balwyn

44.92%

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Lower Plenty

Suburb Profile