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378 Thompsons Road, Templestowe Lower$1.23m
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For Salehouse

378 Thompsons Road

Templestowe Lower, VIC 3107, Australia
$1.20m – $1.25m
6 bed 4 bath653 m²

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About this property

Inspections by private appointment only. Investors, seize this exceptional chance to capitalize on a high-potential property in a coveted location. This expansive six-bedroom, four-bathroom residence offers an incredible canvas for growth and redevelopment, perfectly situated within the Templestowe Valley Primary School and Templestowe College zone (STCA). Spread across two levels, this well-maintained home features two generous living areas and a versatile layout that includes a private main bedroom upstairs with a separate retreat (complete with kitchenette) ideal for accommodating multiple tenants or generating rental income. With additional features such as a modern central kitchen with quality appliances, alfresco entertaining space, split-system heating/cooling, two sheds, and ample off-street parking, this property is designed to meet diverse investor needs. Set on a substantial 653sqm (approx.) block, the property presents a prime opportunity for redevelopment. Consider the potential to build a series of luxury townhouses or a stunning lifestyle residence in this desirable family-oriented neighborhood. The area benefits from exceptional connectivity, with close proximity to transport links, Ted Ajani Reserve, the Main Yarra Trail, Templestowe Village, Macedon Square, Westfield Doncaster, and the Eastern Freeway. Don't miss out on this promising investment opportunity with significant redevelopment potential in a sought-after location.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
4
Land Area
653 m²
Listed
3 months ago

Repayment calculator

$5,939/month
$2,969 /fortnight
Loan $980,000 at 6.10% over 30 years

Upfront costs

Deposit$245,000
Stamp duty$67,375
Conveyancing (est.)$2,000
Total upfront$314,375
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 6-bedroom house in Templestowe Lower, VIC 3107 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $1.36m median of 67 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

  • Birchwood Avenue/Thompsons Road (bus)46 m away
  • BP505 m away
  • Unnamed43 m away
  • Unnamed276 m away
  • Richard Reserve444 m 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

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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