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Overview
This substantial property in Templestowe Lower sits on an exceptional 1,384 square meter allotment, offering a rare balance of family comfort, expansive outdoor space, and promising future development potential. Maintained meticulously by the same family since the 1980s, the residence originally built by the owner showcases generous living areas and a versatile layout tailored for relaxed family living.
The home accommodates five bedrooms and a study, with two bathrooms and multiple living zones crafted to support varied lifestyles. The main level integrates a comfortable lounge and sizable dining area centered around a well-equipped kitchen featuring ample storage, a Westinghouse oven, and integrated microwave. The kitchen’s access to a full-length balcony unfolds scenic views across a spacious backyard, enhancing indoor-outdoor connectivity.
Downstairs, a large rumpus room with its own kitchenette expands the functional space, ideal for teenagers, extended family accommodations, hobbies, or entertaining. This level also includes a cellar and abundant storage areas, highlighting the property's capacity to adapt to different family dynamics or leisure pursuits.
The expansive backyard stands out as a highlight with generous lawns, mature gardens, a productive vegetable garden, garden sheds, and an inviting gazebo, creating a pleasant environment for outdoor enjoyment. Additional access from Riordan Place opens options for future subdivision or redevelopment subject to council approval, making it attractive for those seeking long-term investment or redevelopment opportunities.
Comfort and convenience are further enhanced by features such as hydronic heating, split-system air conditioning, automatic roller shutters, and ample garaging. The elevated positioning offers peaceful neighborhood views, contributing to a serene living environment.
Its location benefits families with proximity to well-regarded schools including Templestowe Valley Primary School and Templestowe College. Access to education facilities, shopping precincts such as Bulleen Plaza and Westfield Doncaster, recreational parks, and major transport routes like the Eastern Freeway collectively support a well-rounded lifestyle.
Local Market Insights
In Templestowe Lower, Quiet Listings observed 9 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,568,889. The property type mix of listed properties is predominantly Houses at 63%, followed by townhouses (19%), and land (13%). The most active agency for houses in the Templestowe Lower area is currently Barry Plant, representing 33% of new listings, followed by Woodards Real Estate with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Templestowe Lower VIC 3107
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