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Why three-digit plates are increasing in value

For collectors and investors alike, low-digit plates have always held a special place in Australia’s number plate market.

But in the last 12–18 months, 3-digit combinations in particular have seen a sharp surge in interest and value. Here's why:

Pit Crew
Marketplates Industry Experts
• 16 Aug 2025 • 5 min read • 1.8k views
Queensland three-digit numeric plate — Marketplates
Three-digit plates: finite supply, rising demand.

1) Supply is permanently limited

There are only 999 possible true 3-digit plates per state. That’s fewer than the number of Ferraris on the road in Sydney. And unlike cars, states rarely reissue or create new 3-digit plates. Rarity is baked in.

2) Heritage is on the rise

As numeric plates shift from novelty to collectable, their appeal grows, particularly among younger buyers entering the market. For many, 3-digit plates represent a status symbol without the million-dollar price tag of a single or double-digit plate.

3) They flex without screaming

3-digit plates strike a balance: they’re noticeable, desirable, and often carry implied prestige, but they don’t scream for attention like customised names might. For executives, car enthusiasts, and old-money types, they signal taste.

4) Auctions are driving price discovery

Recent results speak for themselves:

  • VIC 888.888 sold for $272,000
  • VIC 123.456 sold for $363,000 in 2024
  • NSW 540 sold for $123,000

Each high-profile auction normalises the idea of numeric plates as long-term investments.

5) They're becoming digital collectables

In an age where people invest in NFTs and digital assets, physical assets like plates, with both utility and collectability, are seen as smart, tangible investments. You can drive it and trade it.

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