Investment property in Lower Plenty has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.05%
The five-year average increase in median property values for Lower Plenty,3093 has given property investors a potential capital gain of 53.97% across each of those five years.
Lower Plenty, 3093 is offering VIC ‘s 91th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Often selling an investment property can take time, and in Lower Plenty the average time real estate has been on the market is 64.5 days.
Lower Plenty, 3093’s gross rental yield is 2.49%
Lower Plenty is in the TOP 20% in VIC when comparing median price capital growth over the last year. Lower Plenty gave property investors a very good capital gain figure when compared to the rest of the state, with 11.21%.
Taking the average capital gain, or increase in median house value, Lower Plenty,3093 has racked up an average of 11.21% over the period. This ranks it number 330th in the whole country for real estate investors looking at median house price increases.
Lower Plenty, 3093 is offering VIC ‘s 185th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Situated 16.62km from the CBD, Lower Plenty is one of Banyule localities in the postcode 3093.