OFF MARKET

5 Rangeview Road
Lower Plenty VIC 3093

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 435m2
Land area: 1025m2
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Property Details for 5 Rangeview Rd, Lower Plenty

5 Rangeview Rd, Lower Plenty is a 3 bedroom, 1 bathroom House and was built in 2017. The property has a land size of 1025m2 and floor size of 435m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
2017
Floor Size
435m2
Land Size
1025m2
Local Government
Banyule
Lot/Plan
2/LP30558

Last Listing description (July 2023)

This original 60's home, on an elevated allotment of 1027m2 (approx) presents sensational options for homebuyers, developers and those searching for a dream home site with the potential to capture some stunning views, (stca) in a premium Lower Plenty pocket.

Wrapping around a crazy paved courtyard, surrounded by leafy established gardens and featuring vertical weather boards, timber floors, etched glass features, large bathroom and a kitchen reflecting the colours and finishes of the era, the three bedroom home offers comfortable living and past, present and future appeal for eager renovators with an eye for value and a vision for the future.

Alternatively such a generous allotment and a sought after location enjoying easy access to the bus, Lower Plenty Village, primary school, golf course and the environs along the Yarra presents itself as a new home or multi home development site.

Currently leased on a month-to-month basis, astute buyers can choose to live in or enjoy an income stream while deciding the best way to take full advantage of this incredible opportunity.

Property History for 5 Rangeview Rd, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$780,000
21 Jan 2017
Listed for Rent
$285/w
20 Sep 2014
  • 06 Jul 2023
    Listed for Sale Not Disclosed
  • 21 Jan 2017
    Sold for $780,000
  • 29 Aug 2016
    Listed for Sale ESR: $750,000 - $790,000
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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.