Market snapshot
Suburb insights for Lower Plenty3093
Change suburbLower Plenty is located 17 km north-east of the CBD. Lower Plenty is located in Melbourne's northeast and is bounded by the Plenty River in the west and the Yarra River in the south. It is mainly comprised of recreational reserves and parks with residential areas confined to the northern parts of the suburb. The area has a small but relatively stable population. Lower Plenty also features the Heidelberg and Rosanna Golf Clubs and the Red Gum Woodlands.
Sales data
Median sale price
$1.4mil
Quarterly price change
-19.7%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Lower Plenty | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $1,300,000 | $807,500 |
| 4 | $1,605,000 | $950,000 |
| Insight | Lower Plenty | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 30 | 42 |
Rental data
Median weekly rent
$550
Rental yield
1.9%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Lower Plenty | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | - | $550 |
| 4 | - | $595 |
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