Plenty is a smaller suburb in Victoria within the Nillumbik local government area (postcode 3090). With a population of 2,575, the suburb has an established demographic with a median age of 44. Households earn a median income of $166K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Plenty is $1.5 million, having dropped significantly 13% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,600.
Public transport access includes 10 bus stops. The crime rate in the Nillumbik LGA is below average at 3,681 incidents per 100,000 population.
From an investment perspective, Plenty offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -13.0% year-on-year.
Plenty is a smaller suburb in Victoria within the Nillumbik local government area (postcode 3090). With a population of 2,575, the suburb has an established demographic with a median age of 44. Households earn a median income of $166K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Plenty is $1.5 million, having dropped significantly 13% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,600.
Public transport access includes 10 bus stops. The crime rate in the Nillumbik LGA is below average at 3,681 incidents per 100,000 population.
From an investment perspective, Plenty offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -13.0% year-on-year.