VIC · 3093

Lower Plenty

Suburb profile, market snapshot and recent listings for Lower Plenty, VIC 3093.

Lower Plenty, VIC 3093

About Lower Plenty

Welcome to Lower Plenty

Lower Plenty is a quiet, leafy suburb in Melbourne's north-east, sitting roughly 16 kilometres from the CBD in the Banyule local government area. Flanked by Montmorency to the north, Templestowe Lower to the east, Yallambie to the west and Briar Hill to the north-west, it occupies a gently elevated pocket of the Yarra Valley corridor where generous blocks and established gardens are the norm rather than the exception.

The suburb draws a loyal following of families and owner-occupiers who want breathing room without sacrificing access to the city. Its pace is unhurried, its streets are tree-lined, and the community has a distinctly local feel — the kind of place where residents tend to stay for decades once they arrive.

Lifestyle & dining

Lower Plenty's everyday rhythm revolves around its modest but well-loved local strip on Bolton Street. The Bolton Street Deli and Bolton Street Hot Bread Kitchen have long been morning staples for residents picking up fresh bread and provisions, while Stephen's Meats is the kind of old-school butcher that draws customers from neighbouring suburbs like Montmorency and Briar Hill as well. The Cheesecake Shop rounds out the strip with a sweet note.

Beyond the local strip, residents are well placed to explore the broader dining and café culture of Templestowe Lower and Montmorency, both within a short drive. The Yarra River corridor nearby also lends itself to weekend walks, cycling and picnics, giving the suburb an outdoors-oriented quality that complements its residential character.

Parks & recreation

Green space is one of Lower Plenty's genuine assets. Bolton Street Reserve is the suburb's most accessible local park, offering open lawns and a relaxed setting for families, dog walkers and anyone wanting to step away from the screen for an hour. The reserve is well used by locals and serves as an informal community gathering point throughout the warmer months.

The broader north-east corridor adds to the recreational offering, with the Yarra Valley parklands and trail networks accessible from the suburb's edges. Whether it's a weekend bike ride along the river or an afternoon kick in the local reserve, Lower Plenty caters comfortably to an active outdoor lifestyle.

Schools & families

Lower Plenty Primary School is the suburb's anchor educational institution, providing a local option for younger children and contributing to the strong family-oriented culture of the area. Its presence means primary-aged kids can often walk or ride to school, which is a genuine lifestyle benefit that parents consistently value.

For secondary schooling, families typically look to nearby suburbs, with Montmorency, Yallambie and Templestowe Lower all within easy reach. The surrounding area has a solid range of government and independent secondary options, making the suburb a practical base for families at various stages of the school journey.

Getting around

Bolton Street station is the suburb's primary public transport connection, placing Lower Plenty on the Hurstbridge line and giving residents a direct rail link into the Melbourne CBD. The train service makes the suburb genuinely commutable for city workers, and the station itself is within comfortable walking distance for much of the local residential catchment.

For those who drive, the Eastern Freeway and Greensborough Road provide efficient road connections to both the CBD and the outer north-east. Neighbouring Yallambie and Templestowe Lower are just a few minutes away by car, expanding access to shopping centres, services and arterial routes. Cycling infrastructure in the area is supplemented by off-road trails through the valley parklands.

Housing & architecture

The housing stock in Lower Plenty skews heavily toward detached houses, which account for 58% of current listings — a figure that reflects the suburb's post-war and mid-century development pattern. Many homes sit on generous blocks with established trees, and the streetscapes have a spacious, settled quality that newer, denser suburbs can rarely replicate. Townhouses make up 16% of listings, representing the more recent infill development that has gradually introduced more diverse housing options. Apartments and units account for 19%, concentrated in smaller pockets closer to the Bolton Street corridor. Land listings at 7% suggest some remaining opportunity for those wanting to build new.

The property market

The median house price in Lower Plenty currently sits at $1.04 million, placing it in the mid-to-upper tier of Melbourne's north-east corridor. Units and apartments have a median of $660,000, offering a more accessible entry point into the suburb for buyers who don't require a freestanding home. It's worth noting that house prices have recorded a decline of 15.4% in the recent period — a shift that reflects broader market corrections across Melbourne's middle-ring suburbs and one that buyers watching the area closely will want to factor into their thinking.

For those with a longer investment horizon, the fundamentals remain sound: limited land supply, a strong owner-occupier base, good schools and rail access are the kinds of structural qualities that tend to underpin value over time. The current pricing environment may present an opportunity for buyers who have been priced out in previous years, particularly those targeting the family home segment on larger blocks.

Market snapshot

Lower Plenty property market

Median price ranks #1,151 of 3,797 suburbs · pricier than 70%
Type
Bedrooms

Median sale price

$1.06m

House · 3 bed

Median rent

per week

Gross rental yield

annual rent ÷ sale price

Typical price range

Entry

$716k

Median

$1.06m

Premium

$1.77m

Days on market

36

Auction clearance

0%

Sold this year

26

Median sold price trend · House 3 bed

Compound growth +1.3% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Lower Plenty by dwelling type.

House60%
Apartment / Unit17%
Townhouse17%
Land6%

Who lives here

Demographics

ABS Census 2021 figures for Lower Plenty, VIC 3093.

Population

3,962

residents (2021)

Median age

45

years

Household income

$2,160

median, per week

Median rent

$400

per week

Median mortgage

$2,200

per month

Mortgage / income

24%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Lower Plenty

Government school catchment

Lower Plenty Primary School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Lower Plenty

$1.29m

15A Glenauburn Road

townhouse3 bd · 2 ba · 2 car

Sold ~July 2026

$600k

6/39 Main Road

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$900k

1/39 Panorama Avenue

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$730k

4/14 Kett Street

townhouse2 bd · 1 ba · 1 car

Sold ~July 2026

$750k

4/43 Main Road

townhouse2 bd · 1 ba · 1 car

Sold ~July 2026

$3.25m

8 Panorama Avenue

house5 bd · 3 ba · 4 car

Sold ~July 2026

$440k

14/123 Main Road

apartment2 bd · 1 car

Sold ~June 2026

$2m

116 Old Eltham Road

house4 bd · 2 ba · 2 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Lower Plenty

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Compare the area

Price map around Lower Plenty

Every listing for sale near Lower Plenty, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
Lower PlentyNearby suburbs

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Common questions

Lower Plenty suburb FAQ

What is the median property price in Lower Plenty?

The median house price in Lower Plenty, VIC is $1.06m for a 3-bedroom home. Over the past year, median sold prices have fallen about 6.6%.

Is Lower Plenty a good place to live?

Lower Plenty is a suburb of Melbourne, Victoria, Australia, 16 km north-east from Melbourne's Central Business District, located within the City of Banyule local government area. Lower Plenty is an established residential suburb in VIC, with a population of around 3,962 and 1 school in the area.

What is the population of Lower Plenty?

Lower Plenty has a population of 3,962 (ABS 2021 Census), with a median age of 45.

What schools are in Lower Plenty?

There is 1 school in or near Lower Plenty, including Lower Plenty Primary School.

How long do homes take to sell in Lower Plenty?

Properties in Lower Plenty take around 36 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Lower Plenty?

Entry-level properties in Lower Plenty start around $716k, while premium homes reach $1.77m.

What suburbs are near Lower Plenty?

Suburbs near Lower Plenty include Montmorency, Templestowe, Lower, Briar Hill and Yallambie.

Available now

Properties in Lower Plenty

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For Sale
$1.4m–$1.45m
house

Expansive Family Living Backing onto Plenty River Trail

38 Longs Road, Lower Plenty VIC 3093
53757 m²
Jellis Craig Eltham1 week ago
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For Sale
$4.9m–$5.3m
house

Secluded Luxury, Masterful Design, Embraced By Nature

50 Rosehill Road, Lower Plenty VIC 3093
4231.21 ha
Morrison Kleeman Estate Agents3 months ago
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NewFor Sale
$1m–$1.1m
house

An Outstanding Lifestyle In A Highly Sought-After Location

5 Alma Street, Lower Plenty VIC 3093
322808 m²
Jellis Craig Greensborough and Hurstbridge.Yesterday
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For Sale
$3.4m–$3.6m
house

Architectural Luxury with Resort-Style Appeal

6 Cheverton Road, Lower Plenty VIC 3093
446778 m²
Morrison Kleeman Estate Agents1 month ago
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For Sale
$4.1m–$4.5m
house

An Architectural Statement In Luxury And Lifestyle

28 Rosehill Road, Lower Plenty VIC 3093
5348100 m²
Morrison Kleeman Estate Agents3 months ago
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For Sale
$700k–$750k
house

Tradition and Space with Plenty of Options

54 Alma Street, Lower Plenty VIC 3093
311332 m²
Barry Plant Eltham1 month ago
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For Sale
$1.45m–$1.55m
land

LAST REMAINING BLOCK in Lower Plenty's Most Exclusive Development

Lot 3/158 Old Eltham Road, Lower Plenty VIC 3093
4016 m²
Morrison Kleeman Estate Agents1 month ago
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For Sale
$3.2m–$3.5m
house

A Prestige Rural Lifestyle Without Compromising On Convenience

74 Cleveland Avenue, Lower Plenty VIC 3093
5461.42 ha
Morrison Kleeman Estate Agents3 weeks ago
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For Sale
$1.19m–$1.26m
house

Generous Family Living with Seamless Indoor-Outdoor Living

14 Anthony Close, Lower Plenty VIC 3093
423796 m²
Barry Plant Eltham3 weeks ago
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For Sale
Contact agent
house

Resort style living, in the Cleveland Estate

5 Lakeside Drive, Lower Plenty VIC 3093
6444006 m²
Jellis Craig & Company Pty Ltd1 month ago
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For Sale
$6.99m
house

Tranquil And Terrific

80 Cleveland Avenue, Lower Plenty VIC 3093
6343.36 ha
Morrison Kleeman Estate Agents3 months ago
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For Sale
$540k–$560k
townhouse

A Refined Lifestyle Opportunity in the Heart of Lower Plenty

18/98-116 Main Road, Lower Plenty VIC 3093
221
Darren Jones Real Estate3 months ago
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