OFF MARKET

4/27 Para Road
Lower Plenty VIC 3093

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 157m2
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Property Details for 4/27 Para Rd, Lower Plenty

4/27 Para Rd, Lower Plenty is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 157m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
1975
Floor Size
83m2
Land Size
157m2
Local Government
Banyule
Lot/Plan
4/RP8646

Last Listing description (May 2016)

The decision-making process has never been easier this property presents an outstanding opportunity for 1st home buyers or investors looking for high convenience and low maintenance. This beautifully presented home is situated in a well-maintained complex of just 6 units, and is within walking distance of both Lower Plenty shops and the ever-popular Montmorency Village shops, cafes, restaurants and train station. This one ticks all the boxes inspect today!
Features:

Single level home, neat and leafy front garden
2 good-sized bedrooms with robes, updated bathroom
Spacious kitchen/dining with garden views, neutral decor
Classic kitchen/diner, laundry with courtyard access
Split system heating/cooling, polished timber floors
Secure garage, off-street parking, under-house storage
North-facing brick paved courtyard ultra low-maintenance

Property History for 4/27 Para Rd, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$415,000
31 Mar 2015
Listed for Rent
$260/w
28 Oct 2009
  • 31 Mar 2015
    Sold for $415,000
  • 06 Mar 2015
    Listed for Sale $380,000 Plus Buyers
  • 10 Jan 2014
    Sold for $385,000
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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.