SOLD
Sold on 16 Feb 2024 for $1,522,500

1 Paperbark Court
Lower Plenty VIC 3093

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4007m2
Sold By
Rocco Montanaro
Morrison Kleeman Estate Agents
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Property Details for 1 Paperbark Ct, Lower Plenty

Building Type
Land
Land Size
4007m2
Local Government
Banyule
Lot/Plan
1/PS811066

Last Listing description (February 2024)

SOLD by Morrison Kleeman. Don't miss the opportunity to own this 4003sqm cleared flat block of land in one of Lower Plenty's most sought-after pockets! This expansive corner block boasts a building envelope of 950m2 (approx.), allowing ample space to create your dream home (stca), and simply stunning city views!

You'll love the ability to add extra luxuries to your home, with the option to build a pool and tennis court outside of the building envelope. All services are available to the block, including electricity, gas and water, ensuring a smooth build process.

The location is unbeatable, with easy access to all the amenities that Lower Plenty has to offer, including private golf courses, schools, transport, and the charming Lower Plenty Village. Plus, enjoy the natural beauty of the nearby Yarra River, just moments from your doorstep.

Be quick to secure this fantastic corner location in the prestigious Rosehill Park Estate, join the community of luxury homes and start living your dream today!

Property History for 1 Paperbark Ct, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$1,522,500
16 Feb 2024
  • 16 Feb 2024
    Sold for $1,522,500
  • 24 Mar 2023
    Listed for Sale Not Disclosed
  • 11 Jul 2022
    Sold for $1,575,000
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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, 98 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.