OFF MARKET

5 Paperbark Court
Lower Plenty VIC 3093

Bedrooms: 5
Bathrooms: 5
Car spaces: -
Land area: 6385m2
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Last updated 30 Sep 2024
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Property Details for 5 Paperbark Ct, Lower Plenty

5 Paperbark Ct, Lower Plenty is a 5 bedroom, 5 bathroom House. The property has a land size of 6385m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Land Size
6385m2
Local Government
Banyule
Lot/Plan
7/PS811066

Last Listing description (November 2023)

Stretched over an expansive 6,385m parcel, lies your opportunity to build the dream and secure a tranquil, country-esque lifestyle. Vacant and primed for a dream home design, boasting a coveted Rosehill Road address, a generous 900m (approx.) building envelope and established connections to all services.

Partnered with Simonds Home - we also have additional floorplans to purchase that have been designed specifically for this vacant parcel of land.

Leverage the vast land size and build an expansive family retreat, add further value with a swimming pool, an outdoor entertaining space and even a full-sized tennis court (STCA)! The possibilities are endless!

Perfectly situated for a tree-lined escape without compromising on city-like conveniences, boasting proximity to Lower Plenty Shopping Mall, Main Road shops, cafes and eateries, Lower Plenty Primary, Montmorency Secondary College, Heidelberg Golf Club plus the Yarra River trail and evergreen parklands

Property History for 5 Paperbark Ct, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$1,075,000
11 Jul 2023
  • 31 Jul 2023
    Listed for Sale SOLD
  • 11 Jul 2023
    Sold for $1,075,000
  • 06 Jul 2022
    Listed for Sale $1,150,000 - $1,250,000

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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 48.04% increase in median value, while Units have seen a 24.01% increase. As at 31 August 2024:

  • The median value for Houses in Lower Plenty is $1,441,716 while the median value for Units is $665,031.
  • Houses have a median rent of $555 while Units have a median rent of $480.
There are currently 8 properties listed for sale, and 1 property 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.