LOWER PLENTY 3093
State: VICPosiProp AI Investment Summary
LOWER PLENTY (VIC 3093) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Down -4.8%, with a median house buy price of $1,490,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,250,000
$1,195,000
$1,635,000
$1,490,000
Suburb Market Profile
Last month Lower Plenty had 4 properties available for rent and 25 properties for sale. Median property prices over the last year range from $1,490,000 for houses to $690,000 for units. If you are looking for an investment property, consider houses in Lower Plenty rent out for $600 PW with an annual rental yield of 3.1% and units rent for $500 PW with a rental yield of 4.1%. Lower Plenty has seen an annual compound growth rate of -4.8% for houses and 4.2% for units.
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