107 Main Road, Lower Plenty, VIC 3093 | Property Value & History | OnTheHouse
 
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107 Main Road
Lower Plenty VIC 3093

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 216m2
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Property Details for 107 Main Rd, Lower Plenty

Building Type
Commercial
Land Size
216m2
Local Government
Banyule
Lot/Plan
79/LP52970

Last Listing description (April 2026)

An outstanding opportunity for both owner-occupiers and investors to secure a versatile retail asset in the heart of Lower Plenty's main retail strip.

Positioned on a prominent main road with excellent exposure, this well-presented property offers a rare combination of ground floor retail and first-floor residential accommodation, providing both income and flexibility.

Key Features:

Suitable for investors or owner-occupiers
Ground floor retail premises with residence above
Returning $64,764 per annum
Building area of 260sqm approx.*
Land area of 216sqm approx.*
Prime retail exposure to the corner of Main Road & Para Road
Commercial 1 Zoning
Located within a tightly held retail precinct
On-site car parking and garage
Surrounded by established retailers including Aldi, Chemist Warehouse, Bottlemart, Subway, Domino's, Newsagency/Lotto, Australia Post etc.
Front and rear access to the premises
Direct street frontage
Adjoining council car park for added convenience
Strategic mixed-use retail and residential location

This is a rare opportunity to secure a high-exposure freehold with strong passing traffic and long-term upside in a proven retail location.

For further information or to arrange an inspection, please contact the Commercial Team.

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Property History for 107 Main Rd, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$54,000
02 May 1975
Listed for Rent
$728/w
24 Oct 2018
  • 10 Apr 2026
    Listed for Sale $1,200,000
  • 11 Jul 2018
    Listed for Rent $38,000 / year
  • 10 Jul 2017
    Listed for Rent - Price not available
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About Lower Plenty 3093

The size of Lower Plenty is approximately 6.8 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Lower Plenty in 2016 was 3891 people. By 2021 the population was 3962 showing a population growth of 1.8% in the area during that time. The predominant age group in Lower Plenty is 40-49 years. Households in Lower Plenty are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower Plenty work in a professional occupation.In 2021, 83.30% of the homes in Lower Plenty were owner-occupied compared with 80.10% in 2016.

Lower Plenty has 2,002 properties. Over the last 5 years, Houses in Lower Plenty have seen a 23.98% increase in median value, while Units have seen a 17.11% increase. As at 30 April 2026:

  • The median value for Houses in Lower Plenty is $1,494,654 while the median value for Units is $736,299.
  • Houses have a median rent of $700 while Units have a median rent of $490.
There are currently 14 properties listed for sale, and 1 property listed for rent in Lower plenty on OnTheHouse. According to Cotality's data, 94 properties were sold in the past 12 months in Lower plenty.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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