OFF MARKET

8 Prosperity Road
Lower Plenty VIC 3093

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 765m2
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Property Details for 8 Prosperity Rd, Lower Plenty

8 Prosperity Rd, Lower Plenty is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 765m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in June 2011.

Building Type
House
Year Built
1985
Floor Size
145m2
Land Size
765m2
Local Government
Banyule
Lot/Plan
1/LP132944

Last Listing description (September 2024)

Sale by Tender Closing Tuesday 20th August at 6pm

Tightly held in the sought after address of Lower Plenty, with convenience at your fingertips this potential-rich property in the heart of Lower Plenty. A real family classic surrounded by lovely leafy gardens, it offers an inviting meals/living zone, open plan kitchen with s/steel appliances and walk-in pantry, 3 robed bedrooms and retro bathrooms. A covered porch leads to private rear gardens, while additional features include ducted heating, split system air conditioner, double carport and more. This is an ideal investment where you can live in or rent out right from day one, then transform later. Best of all, it is conveniently located opposite the primary school and just steps from Lower Plenty shops and transport.

** PLEASE NOTE - Photo I.D is required for inspections**

Features:

Classic central Lower Plenty opportunity - 765m2 approx.
Ideal investment to live in or rent out, then transform later
3 robed bedrooms, 2 bathrooms, open plan meals/living area
Kitchen equipped with s/steel appliances and walk-in pantry
Ducted heating, split system air conditioning, vintage styling
Double carport, walk to school, shops and transport
Has potential 4th bedroom/Games room/multipurpose room/retreat

Property History for 8 Prosperity Rd, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$375,000
09 Jun 2011
Listed for Rent
$435/w
02 Dec 2019
  • 23 Jul 2024
    Listed for Sale $960,000 - $1,050,000
  • 22 Oct 2019
    Listed for Rent $435 / week
  • 05 Feb 2018
    Listed for Rent - Price not available
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About Lower Plenty 3093

The size of Lower Plenty is approximately 6.8 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Lower Plenty in 2011 was 3,782 people. By 2016 the population was 3,873 showing a population growth of 2.4% in the area during that time. The predominant age group in Lower Plenty is 40-49 years. Households in Lower Plenty are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower Plenty work in a professional occupation. In 2011, 79.9% of the homes in Lower Plenty were owner-occupied compared with 80.1% in 2016.

Lower Plenty has 1,986 properties. Over the last 5 years, Houses in Lower Plenty have seen a 50.77% increase in median value, while Units have seen a 27.83% increase. As at 31 July 2024:

  • The median value for Houses in Lower Plenty is $1,439,358 while the median value for Units is $662,714.
  • Houses have a median rent of $555 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and no properties listed for rent in Lower plenty on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Lower plenty.

Suburb Insights for Lower Plenty 3093

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.