61 Parker Street, Templestowe Lower, Vic 3107

Forthcoming Auction | $1,200,000 - $1,250,000

Residential Land
Type

Published on Friday, July 17, 2026 ( See property details for 61 Parker Street, Templestowe Lower, Vic 3107)

Forthcoming Auction | $1,200,000 - $1,250,000

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A rare 938m² level block in Templestowe Lower, offering prime development potential amidst parklands and vibrant local amenities.

🏡 Property Highlights

  • Expansive 938m² level allotment in a tightly held pocket
  • Bordering tranquil parklands for serene living
  • Short stroll to vibrant Templestowe Village with cafes and entertainment
  • Prime location with bus stop at the doorstep and quality schools nearby
  • Close to Westfield Doncaster and The Pines shopping centres
  • Potential for custom home build or boutique development (STCA)

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built in robes
  • Ensuite
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Templestowe Lower offers a peaceful suburban lifestyle with lush parklands and vibrant local amenities. The area boasts excellent schools, convenient public transport, and proximity to major shopping centres like Westfield Doncaster. Its tightly held community makes it a desirable location for families and investors alike. Enjoy a perfect blend of city convenience and natural serenity in this sought-after suburb.

Can I build my dream home on this land?
Yes, the level and cleared 938m² allotment is primed for a custom build, subject to council approval (STCA).
What amenities are nearby?
The property is close to Templestowe Village with cafes, restaurants, and entertainment options, as well as quality schools, public transport, and major shopping centres like Westfield Doncaster.
Is there potential for development or subdivision?
Yes, given the precedent in the area, there is potential for boutique development or subdivision, subject to council approval (STCA).
What are the zoning and planning restrictions?
The property is zoned for residential use, with development potential subject to local council regulations and approvals (STCA).
Are there any environmental or bushfire risks?
The property borders parklands, so it is advisable to check local environmental and bushfire risk assessments as part of your due diligence.
Are there any existing easements, covenants, or planning restrictions on the land that could affect development? Has the land been tested for soil stability or contamination? Are there any upcoming planning or zoning changes in the area that could impact the property’s value? What are the council rates and potential development levies? Is there any history of flooding or drainage issues on the site? Are there any existing utilities connected or available to the land? What are the potential costs involved in preparing the land for building? Are there any restrictions or requirements for building near the parklands? Is the land subject to any heritage or environmental overlays? Are there any planned infrastructure projects nearby that could affect the property?

Price guide

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