OFF MARKET

24 Lynwood Crescent
Lower Plenty VIC 3093

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 146m2
Land area: 5698m2
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Property Details for 24 Lynwood Cres, Lower Plenty

Building Type
Rural
Floor Size
146m2
Land Size
5698m2
Local Government
Banyule
Lot/Plan
2/LP86360

Last Listing description (March 2024)

Private Sale $2,750,000

An extremely rare but exciting opportunity presents itself with this largely original Alistair Knox designed home set on a substantial land holding of approximately 5698 square metres, zoned Neighbourhood Residential Zone Schedule 3. Subject to council approval there is significant potential to subdivide all or part of the land. The house displays many of this renowned architect's features including an extensive use of exposed natural and recycled timbers, internal mud bricks walls, large windows, a flatter roof line, brick floors, and wide verandahs, in this case one that encircles the entire house. An extensive and flexible floorplan offers large living areas two with open fireplaces (now fitted with gas fires), a studio/work room with bespoke cabinetry and sink, 3 bedrooms including the master with updated dual shower ensuite bathroom and bespoke ceramic basin, second bedroom also with an updated ensuite, kitchen and dining area with Domain induction cooktop and oven, Fisher & Paykel 2 drawer dishwasher, a superb one piece timber slab bench/breakfast bar and abundant cabinetry.

Additional features include sliding barn doors to close off the main living area, a powder room, large walk-in robe/dressing room, internal leadlight doors, central heating plus 3 split systems for heating/cooling, numerous skylights, custom built cast iron light fittings, extensive brick paving surrounding a salt/chlorine pool with waterfall feature flowing into a gas heated spa plus outdoor showers and change room, a large cat run, pond, garden shed, freestanding studio and 3 space carport.

This unique property is set at the end of Lynwood Crescent in an established residential neighbourhood just minutes away from Eltham Village and local schools including Lower Plenty Primary, Montmorency South Primary and Eltham High School.

Property History for 24 Lynwood Cres, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$2,550,000
10 Feb 2023
  • 10 Feb 2023
    Sold for $2,550,000
  • 28 Oct 2022
    Listed for Sale Contact Agent

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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.