1/118 Main Road
Lower Plenty, 3093 VIC
1940 house on a 432 m² block with 20m frontage.
Property Snapshot
1940House3 Bed1 Bath2 Off Street432 m² Land144 m² Internal20m Frontage
Investment Highlights
What makes 1/118 Main Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
432 m²
Frontage
20m
Zoning
NRZ3
Residential - Low Density
Why Buyers Look At This One
Rare add-value profile — 1940 house on a 432 m² block and a 20m frontage.
Renovate upside — modest 144 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 4m to bus, 1.4km to train station and 1.4km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
2 off-street
Internal Area
144 m²
Ownership & Value
Last Sold$878k
Sold DateApr 2026
Land Value—
RPD1\PS622452
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageCharacter HousingResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$910k
Growth Since 2026
—
Price Estimate
—Low
$878k
—High
VeryHigh Confidence
—
Since last sold — $877,500 — April 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$610
3 Bed Yield
3.5%
Vacancy
0.5%
Rentals Last 12M
1
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: VPO - VEGETATION PROTECTION OVERLAY - SCHEDULE 1.
Location & Connectivity
Access to transport, schools and local amenity around 1/118 Main Road.
Train Station
1.4km
Bus Stop
4m
Schools
1.4km
Road Type
primary
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.2%Train Station
1.4kmBus Stop
4mCentre Zone
86mRoad Type
primary (High Noise)School Catchment
1.4kmLower Plenty Snapshot
Broader suburb metrics that support the local story.
Population
3,962
Owner Occupiers
83%
Social Housing
0.2%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Lower Plenty in more detail
Deep dive into growth, demand, demographics and comparable sales.
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