Lower Plenty VIC Property Investment

Banyule · 3093

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Median House Price

$1.39M

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$740K

As of 7 Nov 2026.

Population (Census 2021)

3,962

Lower Plenty Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, Lower Plenty: 8.4% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Banyule council area, 12 months to Aug 2026: 722. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Lower Plenty.

Suburb Metric Thresholds

4 green1 yellow2 red

Population growth 2016–21, postcode 3093 (ABS Census)

0.36 high impact

Median Household Income

2160 medium impact

Public Transport Score

0 medium impact

School Zone Quality

7.7 medium impact

Distance to CBD

15.53 medium impact

SEIFA Advantage/Disadvantage

10 medium impact

Owner Occupier Rate

83.3 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3093

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population (suburb)

3,962

Education (IEO)

9/10

Econ. Resources (IER)

10/10

Schools

In your catchment

Lower Plenty Primary School

PrimaryGovernment

7.7/10

Viewbank College

SecondaryGovernment

8.4/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.