2 Nestor Avenue, Templestowe Lower$1.35m
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For Salehouse

2 Nestor Avenue

Templestowe Lower, VIC 3107, Australia
$1.32m – $1.39m
4 bed 2 bath 2 car671 m²

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About this property

Positioned on a corner allotment in a leafy and tightly held pocket of Templestowe Lower, this elevated residence presents an exceptional opportunity to secure a location with long term value. Boasting approved plans and permits for 2 contemporary 4 bedroom, 3 bathroom residences, with breathtaking views of the ranges creating the perfect setting to relax and entertain. The dual plans maximise the space and aspect for the fully landscaped and individually designed residences. Incorporating separate ground floor living and dining areas in unit 1, and open plan family/dining plus a sitting room in unit 2. Both comprise a kitchen with large pantry, laundry and powder room plus timber alfresco deck, in addition to a balcony and upper rumpus in unit 1. Fitted with the convenience of full master suites with dual vanities on each level, and serviced by a family bathroom to complete the spacious and luxurious offering. The corner position and substantial 671m2 allotment unlock outstanding potential. Buyers can comfortably live in and update the existing home over time, undertake a contemporary renovation, rebuild a luxury residence, or activate the dual development to maximise this premium site (STCA). Arriving inside to the current dwelling, a generous single level layout unfolds with polished timber floors guiding you through to a generous living room bathed in northerly light. A separate kitchen and meals zone is well appointed with a gas cooktop, oven and dishwasher, offering immediate comfort with scope to modernise and enhance. Accommodation is well catered for with four bedrooms, including a master suite complete with a large wardrobe and private ensuite. A central main bathroom with separate WC services the home, while a study or fifth bedroom adds flexibility for growing families and those working from home. A full laundry further enhances the internal floorplan. Additional features in the current home include: gas ducted heating, an air conditioning unit and a double lock-up garage with large storage room/cellar. The location is second to none, with Ruffey Lake Park, Aquarena, Macedon Plaza, Westfield Doncaster on your doorstep. Medical centres, aged care facilities and bus services to the city and Box Hill are all just minutes away. The home is zoned to a selection of quality schools including Templestowe College and Templestowe Heights Primary, and enjoys easy access to the Eastern Freeway. Offering breathtaking views, outstanding flexibility and a blue-chip corner setting, this is a rare opportunity to expand in this quiet and coveted pocket. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
671 m²
Listed
3 months ago

Repayment calculator

$6,569/month
$3,284 /fortnight
Loan $1,084,000 at 6.10% over 30 years

Upfront costs

Deposit$271,000
Stamp duty$74,525
Conveyancing (est.)$2,000
Total upfront$347,525
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Templestowe Lower

This 4-bedroom house in Templestowe Lower, VIC 3107 sits within reach of public transport, local shops and nearby schools. It is listed 10% above the $1.23m median of 64 comparable houseswithin 5 km.

Schools near Templestowe Lower

  • St Kevin's Schoolprimary · Prep-6 · CoEd
  • Templestowe Heights Primary Schoolprimary · Prep-6 · CoEd
  • Templestowe Collegesecondary · 7-12 · CoEd

What's nearby

  • Templestowe Heights Primary School/High Street (bus)1.3 km away
  • Bakers Delight859 m away
  • Lynnwood Parade Reserve804 m away
  • Balmoral Reserve1.2 km away
  • Ruffey Creek Linear Park1.2 km away

Templestowe Lower at a glance

Full suburb profile
Population
14,098
Median age
45
Household income
$1,920/wk
Median rent
$475/wk
Median mortgage
$2,500/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Templestowe Lower price trend

Median sold · House 4 bed

Compound growth -0.7% / yr over 4 yrs

$1.37mcurrent median

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Full Templestowe Lower market

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Price history

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1 price change recorded for this property

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