OFF MARKET

5 Monarch Ridge
Lower Plenty VIC 3093

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 155m2
Land area: 355m2
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Property Details for 5 Monarch Rdge, Lower Plenty

5 Monarch Rdge, Lower Plenty is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2002. The property has a land size of 355m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Townhouse
Year Built
2002
Floor Size
155m2
Land Size
355m2
Local Government
Banyule
Lot/Plan
3/PS504010

Last Listing description (October 2023)

Nestled at the rear of this garden-focused enclave of well-presented homes the carefully considered tri-level layout of this free-standing home delivers a highly desirable option for young families, first home buyers, investors and re-sizers alike.

Glossy timber floors feature in a spacious living area that makes its way through bi-fold doors to a generous, sunny entertainer's deck complete with seating in the private rear yard offering easy-to-manage space for the kids and their pets.

Overlooking the living is an open plan meals area that integrates the spotless kitchen. Smeg appliances, plenty of bench space and loads of storage options will easily meet the needs of the most demanding chef.

A timber floored hallway anchors a mind level that introduces two robed bedrooms sharing the bathroom, large enough for a bath and a shower!

Carpet stairs lead to the upper level and a retreat-size main. Offering more than enough space to include a couch and TV, it features a walk-in robe and a full ensuite, making it a sanctuary for occupants!

Ducted heating, split system units, auto garage, double glazing, timber venetians and day-night blinds only add to the instant appeal.

Literally, footsteps from the Bolton Street Village and the bus to Westfield, the centre of Eltham, are within minutes, and it's an easy walk or bike ride to the parks, tracks and trails along the Yarra.

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Property History for 5 Monarch Rdge, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$830,000
24 Oct 2023
Listed for Rent
$520/w
19 Nov 2021
  • 24 Oct 2023
    Sold for $830,000
  • 09 Oct 2023
    Listed for Sale ESR: $800,000 - $850,000
  • 11 Nov 2021
    Listed for Rent $520 / week
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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 1,979 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 8 properties listed for sale, and no properties listed for rent in Lower plenty on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Lower plenty.

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