Suburb Profile
Lower Plenty - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3093
Property investors have seen a 1.92% gain in LOWER PLENTY based on an increase 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 $982,500
Profits averaged 13.45% 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 $405 based on current median home prices for the suburb.
The gross rental yield in LOWER PLENTY, 3093 is 2.14%.
An average of 2 real estate transactions take place per month in LOWER PLENTY which translates to 24 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $982,500 | $550,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.92% | 4.56% |
| Median 12 month | 7.97% | 1.85% |
| Median 3 years | 40.36% | 17.07% |
| Median 5 years | 62.4% | 45.12% |
| 10 years average annual | 7.65% | 5.65% |
| Weekly media advert. rent | $405 | $365 |
| Time on Market | 37.5 days | 42.3 days |
| Gross Rental Yield Percent | 2.14% | 3.45% |
Capital Gains Tax (CGT) Calculator
Latest Hotspots
mortgage calculators
Latest Comments
These people commenting on negative...
Apra has got it wrong. They went too far...
Love these helping hints. I bought a...