SOLD
Sold on 12 Jul 2024 for $1,350,000

1/158 Old Eltham Road
Lower Plenty VIC 3093

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4018m2
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Property Details for 1/158 Old Eltham Rd, Lower Plenty

Building Type
Land
Land Size
4018m2
Local Government
Banyule
Lot/Plan
2/PS630005

Last Listing description (October 2023)

Discover a hidden gem nestled in a highly sought-after pocket in Lower Plenty. This exceptional 4001sqm (approx.) block of land offers a rare opportunity to build your dream home in a secluded and peaceful environment. Imagine waking up surrounded by tranquil landscapes and the luxury estates that define the area.

One of the standout features of this property is its freedom from overhead powerlines and with a planning permit already in place, you can hit the ground running and start turning your dream home into a reality without any delay. (stca)

This 4001sqm blank canvas provides ample space for you to unleash your creativity and design a home that perfectly suits your lifestyle. (stca) With essential services available, the practical aspects of building your dream are taken care of.

Located on a private no-through road, privacy and exclusivity are guaranteed. Escape the noise and distractions of city living and embrace the serenity of this unique location while still being just minutes away from the Lower Plenty village, the convenience of the Bolton Street shops and the amenities of Eltham.

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Property History for 1/158 Old Eltham Rd, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$1,350,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $1,350,000
  • 22 May 2023
    Listed for Sale Contact Agent
  • 03 Aug 2020
    Sold for $1,448,000

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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 1,993 properties. Over the last 5 years, Houses in Lower Plenty have seen a 44.70% increase in median value, while Units have seen a 19.66% increase. As at 31 October 2024:

  • The median value for Houses in Lower Plenty is $1,449,466 while the median value for Units is $669,212.
  • Houses have a median rent of $560 while Units have a median rent of $470.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Lower plenty on OnTheHouse. According to CoreLogic's data, 99 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.