1041 Plenty RoadKingsbury VIC 3083
Property Details for 1041 Plenty Rd, Kingsbury
Last Listing description (March 2025)
EOI Closed - Offers Under ReviewSavills is delighted to offer for sale 1039-1041 Plenty Road and 2 OConnell Street Kingsbury. A prime mixed-use corner benefitting from a 6-level permit and flexible zoning.Key attributes of the property include: Prime 1,606sqm* corner landholding with 78m* combined frontage to Plenty Road & OConnell Street Approved permit for 6-level residential (Mixed-Use) development Flexible Mixed-Use Zone (MUZ) allowing various uses like student accommodation, service station, childcare centre, and more (STCA) 350m* from Polaris Town Centre with Woolworths, Dan Murphys, Chemist Warehouse, and specialty stores Close proximity to Latrobe University which will undergo a $5billion transformation to be a world leading education, research, medical and sporting hub Walking distance to 1,800,000sqm* of parkland, including Bundoora 18 holes Public Golf Course Excellent transport links with bus stop at the door and proximity to major roads like Metropolitan Ring Road and the North East Link (under construction)*ApproximateFor further information please contact:Benson Zhou - 0458 488 888James Latos - 0422 604 900Julian Heatherich - 0412 995 655
Property History for 1041 Plenty Rd, Kingsbury, VIC 3083
- 06 Feb 2025Listed for Sale Contact the Melbourne Development Site Experts
- 29 Nov 2022Sold for $843,333
- 16 Dec 2006Sold for $301,000
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About Kingsbury 3083
The size of Kingsbury is approximately 1.3 square kilometres. There are 6 parks, covering nearly 26.5% of the total area. The population of Kingsbury in 2016 was 3780 people. By 2021 the population was 3460 showing a population decline of 8.5% in the area during that time. The predominant age group in Kingsbury is 20-29 years. Households in Kingsbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingsbury work in a professional occupation.In 2021, 52.40% of the homes in Kingsbury were owner-occupied compared with 51.80% in 2016.
Kingsbury has 1,834 properties. Over the last 5 years, Houses in Kingsbury have seen a -1.80% decrease in median value, while Units have seen a 0.88% increase. As at 31 August 2026:
- The median value for Houses in Kingsbury is $899,666 while the median value for Units is $583,599.
- Houses have a median rent of $550 while Units have a median rent of $480.
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