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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Lower Plenty, the median property price for a house is currently 1,420,000 with annual capital growth of 3.65 . There were 41 house sales in the past 12 months. On average, houses spend 32 days on market.
If you're thinking about buying an investment property in Lower Plenty, consider that rental yields for houses are currently 2.61 with an average median rent of 560 weekly. Houses have seen 2.90 growth in the past quarter, and 3.65 growth in the past 12 months.
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.
In Lower Plenty, the median property price for a unit is currently 750,000 with annual capital growth of -0.60 . There were 30 unit sales in the past 12 months. On average, units spend 21 days on market.
If you're thinking about buying an investment property in Lower Plenty, consider that rental yields for units are currently 3.91 with an average median rent of 475 weekly. Units have seen 0.00 growth in the past quarter, and -0.60 growth in the past 12 months.
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.
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| Key Market Data | House | Unit |
| Median price | 1,420,000 | 750,000 |
| Quarterly growth | +2.90 | 0.00 |
| 12-month growth | +3.65 | -0.60 |
| Average annual growth | +8.95 | +6.02 |
| Weekly median rent | 560 | 475 |
| Gross rental yield | 2.61 | 3.91 |
| Number of Sales (12m) | 41 | 30 |
| Avg. Days on Market (12m) | 32 | 21 |
| Key Demographics | 2011 | 2016 |
| Total population | 3,782 | 3,873 |
| Population change (5y) | -3.96 | +2.40 |
| Median household income (p/w) | 1,585 | 1,802 |
| Household income change (5y) | +18.99 | +13.69 |
| Median age of persons | 43 | 43 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Lower Plenty was 3,873 in 2016, a +2.40 change compared to 2011.
The predominant age group in Lower Plenty is 40-49 years.
The population of Lower Plenty was 3,873 in 2016, a +2.40 change compared to 2011.
The predominant age group in Lower Plenty is 50-59 years.
Most of the population in Lower Plenty were born in Australia.
Most of the population in Lower Plenty were born in Australia.
Most of the population in Lower Plenty report their religion as No Religion.
Most of the population in Lower Plenty report their religion as Catholic.
Most of the population in Lower Plenty report their income range as between 78,000 and 130,000 .
The median household income in Lower Plenty was 1,802 in 2016, a +13.69 change compared to 2011.
Most of the population in Lower Plenty report their income range as between 78,000 and 130,000 .
The median household income in Lower Plenty was 1,585 in 2011, a +18.99 change compared to 2006.
Most of the population in Lower Plenty work as Professional.
Most of the population in Lower Plenty work as Professional.
The chart below demonstrates the various levels of education in Lower Plenty.
The chart below demonstrates the various levels of education in Lower Plenty.
Most of the population in Lower Plenty reached a qualification level of Bachelor.
Most of the population in Lower Plenty reached a qualification level of Bachelor.
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