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