SOLD
Sold on 07 Dec 2023 for $1,710,000

8 Montpelier Drive
Lower Plenty VIC 3093

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 228m2
Land area: 5152m2
Sold By
Mark Purdey
Belle Property Balwyn
Maurice Di Marzio
Belle Property Balwyn
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Property Details for 8 Montpelier Dr, Lower Plenty

8 Montpelier Dr, Lower Plenty is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 5152m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Lower Plenty in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
228m2
Land Size
5152m2
Local Government
Banyule
Lot/Plan
45/LP85422

Last Listing description (April 2024)

An outstanding opportunity presents itself in an exclusive Montpelier Reserve and Yarra River side position. Spanning a magnificent 5,000sqm/1.2 acres approx, this exciting property invites premium prospects and superb scope. A myriad of options to renovate, extend, reconfigure, or start over with a mesmerizing designer creation or luxury development (subject to council approval). Classic but immaculately maintained with oversized proportions, wide veranda and crisp French windows. Accommodating three spaciously robed bedrooms, master with ensuite and two walk in robes, in addition a large study could easily convert to a fourth bedroom if required. Formal living room with elegant bay window and open fireplace, large lounge room, dining room, huge kitchen and meals area all extending out to an alfresco deck, inground pool, endless garden and a beautiful, unobstructed treelined outlook delivering privacy and serenity. Features include ducted heating, cooling, laundry, powder room, two workshops, storage and double garage. Perfectly comfortable to live in or lease out while planning and permit permission is sought, this exciting property offers buyers a coveted lifestyle with easy access to schools, transport, shopping and Westerfolds Park.

Property History for 8 Montpelier Dr, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$1,710,000
07 Dec 2023
  • 07 Dec 2023
    Sold for $1,710,000
  • 21 Nov 2023
    Listed for Sale $1,500,000 - $1,650,000
  • 01 Jan 1991
    Sold for $380,000
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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.