Auction Times
Sat 11 May | Auction Time | Agency | |
|---|---|---|---|
 | 135 Main Road 3 1 1 House | 11:00 AM Sat 11th May | Buckingham and Company Eltham Pty Ltd |
 | 8 Lynwood Crescent 4 3 2 House | 12:00 PM Sat 11th May | Miles Real Estate |
Sat 18 May | Auction Time | Agency | |
|---|---|---|---|
 | 1/26-28 Panorama Avenue 4 3 2 House | 3:00 PM Sat 18th May | Buckingham and Company Eltham Pty Ltd |
 | 26-28 Panorama Avenue 4 3 2 House | 3:00 PM Sat 18th May | Buckingham and Company Eltham Pty Ltd |
Median Sale Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $590,000 | 0.0% | $235,000 | $2,530,000 | 47 |
| 2010 | $700,000 | +15.7% | $380,000 | $3,600,000 | 44 |
| 2011 | $625,000 | -12.0% | $330,000 | $2,850,000 | 41 |
| 2012 | $610,000 | -2.5% | $407,500 | $2,875,000 | 34 |
| 2013 | $722,000 | +15.5% | $280,000 | $2,850,000 | 50 |
| 2014 | $960,000 | +24.8% | $342,000 | $3,200,000 | 82 |
| 2015 | $855,000 | -12.3% | $447,500 | $3,999,999 | 58 |
| 2016 | $932,000 | +8.3% | $570,000 | $4,100,000 | 53 |
| 2017 | $1,125,000 | +17.2% | $515,000 | $4,400,000 | 40 |
| 2018 | $1,168,000 | +3.7% | $515,000 | $3,570,000 | 41 |
| 2019 | $905,000 | -29.1% | $445,000 | $3,100,000 | 42 |
| 2020 | $1,280,000 | +29.3% | $680,000 | $5,650,000 | 28 |
| 2021 | $1,490,000 | +14.1% | $725,000 | $3,350,000 | 50 |
| 2022 | $1,550,000 | +3.9% | $676,000 | $7,500,000 | 47 |
| 2023 | $1,500,000 | -3.3% | $740,000 | $5,500,000 | 57 |
| 2024 | $1,750,000 | +14.3% | $890,000 | $4,700,000 | 12 |
Median Sale Price
$1.61M
Based on 53 recorded sales within the last 12 months
Updated on 9 May 2024
Suburb Growth
+12.1%
Current Median Price: $1,605,000
Previous Median Price: $1,410,000
Based on 102 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2024)
Price Range Segments (12 months ending Apr 2024)
Median Weekly Rent Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $395 | 0.0% | $270 | $950 | 17 |
| 2012 | $490 | +19.4% | $290 | $1,500 | 21 |
| 2013 | $380 | -28.9% | $250 | $1,500 | 27 |
| 2014 | $420 | +9.5% | $285 | $2,000 | 28 |
| 2015 | $400 | -5.0% | $290 | $870 | 22 |
| 2016 | $490 | +18.4% | $350 | $740 | 24 |
| 2017 | $460 | -6.5% | $300 | $680 | 27 |
| 2018 | $480 | +4.2% | $300 | $2,000 | 23 |
| 2019 | $460 | -4.3% | $340 | $2,280 | 31 |
| 2020 | $480 | +4.2% | $370 | $750 | 20 |
| 2021 | $545 | +11.9% | $375 | $1,600 | 16 |
| 2022 | $550 | +0.9% | $320 | $795 | 18 |
| 2023 | $650 | +15.4% | $390 | $1,950 | 19 |
| 2024 | $520 | -25.0% | $440 | $620 | 6 |
Median Rent Price
$535
per week
Based on 19 recorded rent within the last 12 months
Updated on 9 May 2024
Rent Price Growth
-12.1%
Current Median Rent: $535
Previous Median Rent: $600
Based on 41 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.7%
Current Median Price: $1,605,000
Current Median rent: $535
Based on 72 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)
Auction Results For Lower Plenty
Houses sold in Last 12 months ends 4 May 2024
$1.71M
Median Sale Price
67%
Clearance Rate
8/12
Sold/Reported
$2.4M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.6 M - $1.8 M (Median Price Range) | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M | 1 | |
Similar Suburbs to Lower Plenty 3093
Based on median house sale price sold in last 12 months
Schools closest to Lower Plenty, VIC 3093
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Lower Plenty Primary School | 126-146 MAIN ROADLower Plenty 3093 | Primary | Government | 0.18 km |
| Streeton Primary School | YALLAMBIE ROADYallambie 3085 | Primary | Government | 1.14 km |
| Montmorency Primary School | RATTRAY ROADMontmorency 3094 | Primary | Government | 1.27 km |
| Montmorency Secondary College | PARA ROADMontmorency 3094 | Secondary | Government | 1.52 km |
| Montmorency South Primary School | 64 BUENA VISTA DRIVEMontmorency 3094 | Primary | Government | 1.45 km |
| Watsonia Heights Primary School | 61 HENRY STREETGreensborough 3088 | Primary | Government | 1.69 km |
| St Francis Xavier Primary School | 90 MAYONA RDMontmorency 3094 | Primary | Catholic | 1.71 km |
| Briar Hill Primary School | GLADSTONE ROADBriar Hill 3088 | Primary | Government | 2.08 km |
| Greensborough Secondary College | NELL STREETGreensborough 3088 | Secondary | Government | 2.36 km |
| Sherbourne Primary School | OUTLOOK CRESCENTBriar Hill 3088 | Primary | Government | 2.48 km |