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Median values are calculated based on data over a 12 month period.

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Market Report

Lower Plenty has 60 houses available for sale. The median property price for a house is currently 1,385,250 with annual capital growth of 0.02 . There were 38 house sales in the past 12 months. On average, houses spend 31 days on market.

If you're thinking about buying an investment property in Lower Plenty, consider that rental yields for houses are currently 2.62 with an average median rent of 560 weekly. Houses have seen 3.84 growth in the past quarter, and 0.02 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.

Lower Plenty has 35 units available for sale. The median property price for a unit is currently 750,000 with annual capital growth of 0.94 . There were 27 unit sales in the past 12 months. On average, units spend 20 days on market.

If you're thinking about buying an investment property in Lower Plenty, consider that rental yields for units are currently 3.86 with an average median rent of 470 weekly. Units have seen 0.00 growth in the past quarter, and 0.94 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 1,385,250 750,000
Quarterly growth +3.84 0.00
12-month growth +0.02 +0.94
Average annual growth +7.06 +5.28
Weekly median rent 560 470
Gross rental yield 2.62 3.86
Number of Sales (12m) 38 27
Avg. Days on Market (12m) 31 20
Jump to Market Trends
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
Jump to Demographics Trends
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