SOLD
Sold on 19 Mar 2024 for $1,000,000

18 Cheverton Road
Lower Plenty VIC 3093

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1743m2
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Property Details for 18 Cheverton Rd, Lower Plenty

Building Type
Land
Land Size
1743m2
Local Government
Banyule
Lot/Plan
25/LP12755

Last Listing description (March 2024)

If you?re motivated to start afresh and give your kids a childhood they?ll never forget, it?s hard to ignore the lure of building your dream luxury home with all the bells and whistles on this rare vacant north-facing block in a sought-after family-oriented pocket (STCA).

Sprawling across an impressive 1,743sqm (approx.) of land, it truly is your field of dreams on which to build a modern family sanctuary (STCA) on the footsteps of Cheverton Valley Park.

Once built and the welcome mat laid outside the front door, you can enjoy an unbeatable lifestyle offering within easy walking distance of Lower Plenty Primary School, Lower Plenty shops and local bus services and just minutes from the Plenty River Trail, Montmorency Secondary College, Monty Village, Heidelberg Golf Club, Greensborough Plaza and Montmorency train station.

Property History for 18 Cheverton Rd, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$1,000,000
19 Mar 2024
  • 19 Mar 2024
    Sold for $1,000,000
  • 02 Nov 2023
    Listed for Sale Not Disclosed
  • 01 May 1986
    Sold for $75,000
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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 8 properties listed for sale, and 1 property listed for rent in Lower plenty on OnTheHouse. According to CoreLogic's data, 100 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.