VIC/
Lower plenty

Suburb Profile

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

house
unit

Homeowners and real estate investors betting on LOWER PLENTY, 3093 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.17%.

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 $945,000

Profits averaged 13.68% 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 $370 based on current median home prices for the suburb.

The gross rental yield in LOWER PLENTY, 3093 is 2.04%.

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 $945,000 $507,500
GROWTH REPORT
Median Quarterly N/A -7.73%
Median 12 month 13.17% 4.32%
Median 3 years 41.04% 18.44%
Median 5 years 61.51% 33.11%
10 years average annual 6.06% 5.67%
Weekly media advert. rent $370 $345
Time on Market 0.0 days 38.6 days
Gross Rental Yield Percent 2.04% 3.53%
demographics (median values)
Total Population
3939
Weekly Household Income
1309
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories