Median price trend for houses
Based on 41 sales in the preceding 12 months
$1,380,000
Down 4.8% over 12 months
- 3 bed
- $1.16m
- 4 bed
- $1.59m
- 5+ bed
- $3.25m
Aerial view
Imagery © Esri
The quick read on
Lower Plenty
VIC 3093 · Banyule
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,380,000
- Median unit
- $690,000
- Population
- 3,962
- Postcode
- 3093
latest suburb median
latest suburb median
ABS 2021
Lower Plenty, Victoria
Property market insights for Lower Plenty
Median sale price and rental income of properties in Lower Plenty VIC
Median rent trend for houses
Based on 16 rental listings in the preceding 12 months
$575 per week
Down 20.7% over 12 months
Market data updated October 2026.
The median house price in Lower Plenty, VIC is currently $1,380,000, based on the latest 12 months of sales. Lower Plenty has a 12-month growth rate of -4.8% for houses and 6.0% for units.
Three-bedroom houses have a median sale price of $1,160,000, Four-bedroom houses have a median sale price of $1,590,000, Larger houses have a median sale price of $3,250,000 in Lower Plenty.
If you're looking to lease, the median rent for houses in Lower Plenty is $575 per week. The median house rent has decreased 20.7% over the last 12 months.
The median price of apartments and units for sale in Lower Plenty is $690,000, which has increased 6.0% since the same time last year. Two-bedroom apartments and units have a median sale price of $609,000, Three-bedroom apartments and units have a median sale price of $885,000 in Lower Plenty. The median rent for units and apartments in Lower Plenty is $525 per week and has increased 16.7% over the last 12 months.
Crime and safety
Is Lower Plenty safe?
The overall rate for Lower Plenty is 1,346 offences per 100,000 residents — 66% below the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Lower Plenty.
Overall crime rate
1,346
offences per 100,000 residents
66% belowGreater Melbourne
Lower PlentyGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Lower Plenty?
Lower Plenty VIC 3093 is in Victoria, within Greater Melbourne.
3,962 people call Lower Plenty home, with an average of 2.5 people per household and a median household income of $2,160 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 3,962
- Median age
- 45 years
- Median mortgage
- $2,200 / month
- 2021 household rent
- $400 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1516.7%Below
15–3420.4%Below
35–5426.9%Below
55–7424.7%Above
75 and over11.4%Above
Homes
Share of occupied private dwellings.
Separate houses75.4%Above
Townhouses21.0%Above
Apartments3.9%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright45.0%Above
Paying a mortgage39.9%Above
Renting15.1%Below
Cars at home
Vehicles available to occupied households.
No car2.5%Below
One car31.4%Below
Two cars43.6%Above
Three or more22.6%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home31.9%Above
Drove to work46.6%In line
Train, tram or bus1.1%Below
Walked or cycled1.0%Below
What stands out in Lower Plenty
31.9% of workers in Lower Plenty worked from home on Census day — noticeably more common than across Greater Melbourne.
3.4% of Lower Plenty residents were born in England.
42.2% of people in Lower Plenty described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Lower Plenty
Open any question for a plain-English reading of the public 2021 Census for Lower Plenty VIC 3093.
Is Lower Plenty family-friendly?Age, family structure and household size describe the community families would be joining.
16.7% of Lower Plenty's residents were children under 15 in the 2021 Census. That is close to the Greater Melbourne average.
1,085 family households lived in Lower Plenty; 45.7% were couple families and 12.3% were one-parent families.
33.6% of local families included children under 15. That is somewhat below the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Lower Plenty?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Lower Plenty had 3,962 residents at the 2021 Census.
21.7% of residents were aged 25 to 44.
36.1% were 55 or older. That is well above the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in Lower Plenty?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 75.4% of occupied private dwellings in Lower Plenty.
Townhouses and other attached homes represented 21.0% of occupied private dwellings.
Flats and apartments accounted for 3.9% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Lower Plenty?Tenure shows how many households own outright, have a mortgage or rent.
45.0% of households with a stated tenure owned their home outright. That is well above the Greater Melbourne average.
39.9% were buying their home with a mortgage.
15.1% rented their home. That is about half the Greater Melbourne rate.
Tenure shares include households that stated one of these three arrangements.
How large are households in Lower Plenty?Household-size data shows the mix behind the suburb-wide average.
The average household in Lower Plenty had 2.5 people.
One-person households made up 26.0% of occupied homes. That is close to the Greater Melbourne average.
Two-person households represented 34.9%, while 26.2% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Lower Plenty?Census-day travel shows the balance between home, road, public transport and active travel.
31.9% of workers worked from home on Census day. That is somewhat above the Greater Melbourne average.
46.6% drove a car as their only travel method. That is almost exactly typical for Greater Melbourne.
1.1% used only a train, tram or bus, while 1.0% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Lower Plenty?Vehicle availability helps describe the routines local households can support.
2.5% of occupied households had no motor vehicle available. That is about half the Greater Melbourne rate.
One-car households formed 31.4% of the total.
66.2% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Lower Plenty, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
66.2% were at the same address five years earlier, while 33.8% reported a different address.
18.1% of residents were born outside Australia. That is about half the Greater Melbourne rate.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Lower Plenty?Language at home gives a direct view of the community’s everyday linguistic mix.
84.0% of residents used only English at home.
12.9% used a language other than English at home.
2.8% spoke Mandarin at home, 0.5% spoke Cantonese and 0.2% spoke Hindi.
Home language is separate from English proficiency.
Where were Lower Plenty residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
18.1% of Lower Plenty's population was born outside Australia, while roughly 81.9% was born in Australia.
2.4% of residents were born in China.
0.5% were born in India, while Australian citizenship across the whole suburb stood at 91.2%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Lower Plenty?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 37.2% of ancestry responses in Lower Plenty.
Australian ancestry made up 32.3% of responses.
Chinese ancestry represented 4.4% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Lower Plenty?Occupation describes a person’s role; industry describes the sector employing them.
28.6% of employed residents worked in professional occupations. That is close to the Greater Melbourne average.
Managers accounted for 19.5% of employed residents, while clerical and administrative workers made up 13.3%.
Health care and social assistance employed 14.9% of workers, and education and training employed 11.0%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Lower Plenty?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 61.5%, compared with 64.1% across Greater Melbourne.
34.1% of residents aged 15 and over worked full time, while 20.6% worked part time.
Unemployment was 3.9%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Lower Plenty show?Selected long-term health conditions help describe community service needs.
59.3% reported no selected long-term health condition.
8.7% reported a long-term mental health condition, including depression or anxiety.
8.1% reported asthma, 10.1% arthritis and 4.4% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Lower Plenty?Qualifications describe the study pathways represented among local residents.
34.5% of people in the qualifications table held a bachelor degree. That is close to the Greater Melbourne average.
Postgraduate degrees accounted for 11.5% of qualification responses.
Diploma-level qualifications represented 16.2%, while certificate-level qualifications represented 22.6%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Lower Plenty?Census income and household payments give historical context for local living costs.
Median household income was $2,160 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,200.
Occupied renting households reported a median rent of $400 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Lower Plenty compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 31.9% in Lower Plenty, compared with 28.8% across Greater Melbourne.
Outright ownership was 45.0% locally and 30.7% across Greater Melbourne. That is well above the Greater Melbourne average.
Renting accounted for 15.1% in Lower Plenty, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Lower Plenty
Is Lower Plenty expensive?
The median house price is $1,380,000, while units and apartments sit at $690,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Lower Plenty good for families?
The Census counted 1,085 local families, and 16.7% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Lower Plenty?
4-bedroom houses have a median around $1,590,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Lower Plenty
60 streets in Lower Plenty
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Alma St
- Amberley
- Anthony Cl
- Barongarook Ct
- Beckett Ct
- Beleura Gr
- Bolton St
- Bonds Rd
- Byron Ave
- Carisbrook Cr
- Cavanagh Rd
- Cheval Ct
- Cheverton Rd
- Cleveland Ave
- Cleveland Ct
- Coral Ct
- Devon Ct
- Edwards St
Show all 60 streetsShow fewer streets
- Edward Willis Ct
- Gees Ct
- Geoffrey Ct
- Glenauburn Rd
- Gwenda Ct
- Harcourt Pl
- Havelock Ct
- Henty Rd
- Keating Ct
- Kett St
- Lakeside Dr
- Lees Rd
- Leslie Ct
- Lincoln Dr
- Longs Rd
- Lynwood Cr
- Maida Ct
- Main Rd
- Maskell Cr
- Monarch Rdge
- Montpelier Dr
- Old Eltham Rd
- Palamino Ct
- Panorama Ave
- Paperbark Ct
- Para Rd
- Philip St
- Prosperity Rd
- Rangeview Rd
- Riverhill Dr
- Roseburn Ct
- Rosehill Rd
- Sapphire Ct
- Sidwell Ct
- Stawell Rd
- Symes St
- Towyn Cl
- Tyalla Cl
- View Rd
- Woodfull Rd
- Yardie Ct
- Yarra Hill Cl
12 suburbs surrounding Lower Plenty
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Lower Plenty right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.