OFF MARKET

1/50 Panorama Avenue
Lower Plenty VIC 3093

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 52m2
Land area: 185m2
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Property Details for 1/50 Panorama Ave, Lower Plenty

1/50 Panorama Ave, Lower Plenty is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 185m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
1975
Floor Size
52m2
Land Size
185m2
Local Government
Banyule
Lot/Plan
1/SP20940

Last Listing description (February 2017)

Presenting an excellent 1st home/downsizer/investment opportunity, this single level home in a neat complex is positioned for top lower Plenty convenience. The simple floor plan comprises an inviting kitchen/dining/living area with garden view, 2 robed bedrooms, central bathroom and full-sized laundry with garden access. Outside, a huge covered alfresco zone complete with cafe blinds overlooks a beautiful garden border. Additional features include gas space heater, air conditioner, remote garage and additional off-street parking. With scope for a makeover when time allows, this home is within easy reach of bus stop, Lower Plenty shops, Were Street cafes and train station. Inspection will delight.
Features:

Excellent 1st home/downsizer/investment opportunity
Brimming with potential, open kitchen/dining/living zone
2 robed bedrooms, central bathroom, full-sized laundry
Spacious covered alfresco ideal for entertaining, pretty garden
Gas heating, air conditioning, remote garage and more

Property History for 1/50 Panorama Ave, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$418,000
30 Nov 2016
  • 30 Nov 2016
    Sold for $418,000
  • 17 Nov 2016
    Listed for Sale Contact Agent
  • 07 May 2002
    Sold for $180,000
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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 1,986 properties. Over the last 5 years, Houses in Lower Plenty have seen a 48.04% increase in median value, while Units have seen a 24.01% increase. As at 31 August 2024:

  • The median value for Houses in Lower Plenty is $1,441,716 while the median value for Units is $665,031.
  • Houses have a median rent of $555 while Units have a median rent of $480.
There are currently 9 properties listed for sale, and no 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.