SOLD
RECENT ADVICE
Sold on 20 Dec 2023 for $592,000

5/27 Para Road
Lower Plenty VIC 3093

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/27 Para Rd, Lower Plenty

5/27 Para Rd, Lower Plenty is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Lower Plenty in the last 12 months.

Building Type
Unit
Local Government
Banyule
Lot/Plan
5/RP8646

Last Listing description (December 2023)

Nestled amongst only six in a well-maintained boutique group, and enjoying easy access from Longs Road, this single level home will impress with its inviting interior, generous rear yard with a relaxing paved area and close proximity to shops, parks and transport.

Generously proportioned throughout, a bright living dining room, with split system unit and timber floors precedes a contemporary eat-in kitchen, while two spacious bedrooms share a designer detailed bathroom, large enough to feature a bath and shower.

Enjoying street frontage and featuring a garage, extra parking and underhouse storage it’s just a few minute’s walk from the tracks and trails along the Plenty River, the bus, school and Lower Plenty Village and almost as close to the station and shops, cafes and eateries of Montmorency’s Were Street.

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Property History for 5/27 Para Rd, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$592,000
20 Dec 2023
Listed for Rent
$400/w
12 Dec 2022
  • 20 Dec 2023
    Sold for $592,000
  • 21 Nov 2023
    Listed for Sale Not Disclosed
  • 04 Nov 2022
    Listed for Rent - Price not available
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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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Contact agent
Craig Parker
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Morrison Kleeman Eltham | Greensborough | Doreen
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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.