OFF MARKET

5 Lynwood Crescent
Lower Plenty VIC 3093

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 166m2
Land area: 885m2
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Property Details for 5 Lynwood Cres, Lower Plenty

5 Lynwood Cres, Lower Plenty is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 885m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Year Built
1995
Floor Size
166m2
Land Size
885m2
Local Government
Banyule
Lot/Plan
1/LP52049

Last Listing description (February 2019)

An exciting opportunity to break into a coveted Lower Plenty address, this affordable four bedroom home on 883m2 (approx) is set to make your dream a reality.
A short walk to Lower Plenty Village shops and cafes, a selection of schools to choose from, and premier golf courses, the hotel and the parks, tracks and trails along the Yarra close by, this prime location is ideal for relaxed family living.

The smart single-level layout zones the supersized main bedroom with ensuite at one end of the house, the remaining three bedrooms and the updated family bathroom at the other and the living areas in between.
The formal lounge flows seamlessly into the equally generously proportioned casual living zone, wrapping around a modern kitchen with updated appliances and acres of bench space.
Complementing the freshly painted and newly carpeted interior is a private rear yard. Gated to create a safe haven for the kids and the pets, it includes a covered alfresco space and plenty of space for car parking.
With ducted heating and cooling, the benefits of 20 solar panels, the scope to add value or the possibility to take advantage of the generous dimensions with a redevelopment or extension (stca) this is a rare prospect indeed!
***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***

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Property History for 5 Lynwood Cres, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$720,000
21 Dec 2018
  • 21 Dec 2018
    Sold for $720,000
  • 10 Sep 2018
    Listed for Sale ESR: $720,000 - $755,000
  • 24 Mar 1991
    Sold for $164,000
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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 45.46% increase in median value, while Units have seen a 19.16% increase. As at 30 September 2024:

  • The median value for Houses in Lower Plenty is $1,421,465 while the median value for Units is $660,891.
  • Houses have a median rent of $560 while Units have a median rent of $470.
There are currently 7 properties listed for sale, and 1 property listed for rent in Lower plenty on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Lower plenty.

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