5 Palamino Court, Lower Plenty, VIC 3093 | Property Value & History | OnTheHouse
OFF MARKET

5 Palamino Court
Lower Plenty VIC 3093

Bedrooms: 5
Bathrooms: 4
Car spaces: 11
Floor area: 475m2
Land area: 6001m2
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Property Details for 5 Palamino Ct, Lower Plenty

5 Palamino Ct, Lower Plenty is a 5 bedroom, 4 bathroom House with 11 parking spaces and was built in 1995. The property has a land size of 6001m2 and floor size of 475m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1995
Floor Size
475m2
Land Size
6001m2
Local Government
Banyule
Lot/Plan
27/LP219351

Last Listing description (July 2023)


Spectacular in terms of scale, luxury and refinement, unsurpassed family living awaits in this meticulously crafted, architect-designed home. Set on a 6001m2 allotment at the end of a prestigious, tightly held court, it presents an enviable showcase of family indulgence.

Fusing flawless luxury with practical functionality, walls of glass to just about every room dissolve the barriers between indoors and stunning landscaped gardens that pop with colour all year round.

A spacious entry makes the introduction to a spacious lounge fitted with an open fire and quality theatre equipment and complemented by a formal dining space.

Catering impeccably to any culinary challenge, the gourmet kitchen introduces natural stone tops, 2-pac, soft-close cabinetry, slide-out racking, and quality appliances, including dual ovens. It takes pride of place in an expansive open plan living-meals that extends into a vast rumpus with a granite wet bar.

Underpinned by a rare commitment to alfresco excellence, an impressively proportioned paved area, softened by carefully considered plantings, links the house to a summer house.

Showcasing a stainless steel kitchen featuring a teppanyaki grill, huge island bar, powder room, and fireplace, it sits beside a pool and spa that introduces another dimension to summer enjoyment thanks to a sit-up bar and tilting glass panels allowing you to master the weather. Ready for hit and giggle or something more serious is the tennis court.

Enjoying the peace and privacy of its own dedicated level is a fitted home office, the perfect solution for those working from home.

As excepted accommodation options are plentiful and luxurious. The main bedroom indulges with a hotel-inspired ensuite, a fitted dressing room and a built-in robe. The three remaining bedrooms share two luxury family bathrooms (one with a sauna). The fifth bedroom, tucked away on its own level and complete with an ensuite, delivers the ideal option for guests or inter-generational living.

A two-car garage under the roofline and with internal access is complemented by a second garage/workshop reached by an internal driveway. Over-height, alarmed and with CCTV and offering 186m2 (approx.) of immaculate space, it includes a hoist, fitted storage, and WC and would work just as well for a collector or somewhere to store the boys-toys as it would for someone looking to base their business from home.

Additional high-end features include zoned ducted refrigerated climate control, climate control augmented by Shugg windows and multiple split system units, ducted heating, a stone-finished fitted laundry, watering system, alarm, CCTV and auto gates providing access from the quiet court.

A superb fusion of substance and style, this is an exhilarating, enticing and enviable lifestyle prospect!

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Property History for 5 Palamino Ct, Lower Plenty, VIC 3093

A timeline of how this property has performed in the market
Last Sold
$5,000,000
18 Jul 2023
Listed for Rent
$2.10k/w
30 Oct 2007
  • 18 Jul 2023
    Sold for $5,000,000
  • 04 Oct 2022
    Listed for Sale Contact Agent
  • 28 Nov 2013
    Sold for $2,850,000
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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 2,001 properties. Over the last 5 years, Houses in Lower Plenty have seen a 33.69% increase in median value, while Units have seen a 20.86% increase. As at 30 November 2025:

  • The median value for Houses in Lower Plenty is $1,458,531 while the median value for Units is $712,942.
  • Houses have a median rent of $765 while Units have a median rent of $470.
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.

Suburb Insights for Lower Plenty 3093

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.