166 Templestowe Road, Templestowe Lower, Vic 3107

$1,075,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
676 m²
Area

Last updated on Monday, June 22, 2026 ( See property details for 166 Templestowe Road, Templestowe Lower, Vic 3107)

$1,075,000

Harry Fares Senior Sales Consultant & Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated three-bedroom home with exceptional redevelopment potential, set in a highly connected and scenic location opposite Birrarung Park.

🏡 Property Highlights

  • Outstanding redevelopment potential on a generous 676 m² allotment with 23.8m frontage
  • Prime location opposite Birrarung Park and the Main Yarra Trail, ideal for outdoor activities
  • Renovated kitchen with modern appliances including Bosch induction cooktop and IKEA dishwasher
  • Light-filled living spaces with high ceilings and hardwood flooring throughout
  • Well-proportioned bedrooms with ducted heating and security shutters
  • Expansive front and rear gardens offering scope for extension or dual occupancy (STCA)

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Security Screens / Gates
  • Split System Heating and Cooling
  • Shed
  • Waterfront / Views
  • Outdoor Area
  • Garage
  • Solar Panels

Templestowe Lower offers a vibrant community with abundant green spaces, excellent schools, and convenient access to shopping and recreational facilities. The area is renowned for its family-friendly environment, scenic parks, and strong connectivity to Melbourne’s CBD. Residents enjoy a peaceful yet active lifestyle with nearby reserves, playgrounds, and walking trails. The suburb’s diverse housing options include charming family homes and potential redevelopment sites, making it ideal for both owner-occupiers and investors.

What are the future development possibilities for this property?
The property offers potential for redevelopment into two townhouses (STCA), given its large allotment and frontage, subject to council approval.
Is the property suitable for first homebuyers?
Yes, the home’s renovated features, spacious gardens, and excellent location make it an ideal choice for first homebuyers looking to establish a family residence.
What amenities are nearby?
The property is conveniently located near Templestowe Valley Primary School, Sheahans Reserve Playground, Bulleen Plaza, Marcellin College, Templestowe College, Westerfolds Park, Macedon Square, and Westfield Doncaster.
Does the property have energy-efficient features?
Yes, the home is equipped with solar panels, contributing to lower energy costs and sustainability.
Are there any restrictions or approvals needed for future development?
Development would require council approval, and potential buyers should consult local planning regulations and zoning laws.
Are there any existing planning restrictions or easements on the property that could affect redevelopment plans? Has the property been inspected for structural issues or defects, especially given its age and renovations? Are there any upcoming council or community plans that might impact the neighbourhood or property value? What are the total costs involved in future development or extensions, including permits and council fees? Is there any history of flooding or bushfire risk in this area that could affect safety or insurance?

166 Templestowe Road, Templestowe Lower, Vic 3107 - More Details

$1,075,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
676 m²

Price guide

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