378 Thompsons Road
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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
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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
- BP — 505 m away
- Unnamed — 43 m away
- Unnamed — 276 m away
- Richard Reserve — 444 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
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Full Templestowe Lower marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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