VIC/
Lower plenty

Suburb Profile

Lower Plenty - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3093

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unit

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 $948,000

Profits averaged 10.29% 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 $420 based on current median home prices for the suburb.

The gross rental yield in LOWER PLENTY, 3093 is 2.3%.

An average of 2.33 real estate transactions take place per month in LOWER PLENTY which translates to 28 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $948,000 $575,000
GROWTH REPORT
Median Quarterly N/A 4.55%
Median 12 month 1.17% 8.29%
Median 3 years 30.86% 19.17%
Median 5 years 56.69% 36.9%
10 years average annual 5.99% 5.33%
Weekly media advert. rent $420 $370
Time on Market 46.2 days 46.7 days
Gross Rental Yield Percent 2.3% 3.35%
demographics (median values)
Total Population
3939
Weekly Household Income
1309
Household Size
2.60
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Capital Gains Tax (CGT) Calculator

Lower Plenty, VIC
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