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.
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.
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:
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