24 Marcus Road, Templestowe Lower, VIC 3107 | House for sale | OnTheHouse
FOR SALE
$1,350,000 - $1,450,000

24 Marcus Road
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Renovate, Extend or Rebuild on 715sqm (STCA) Prime Investment Opportunity

Positioned in a high-demand pocket of Templestowe Lower, this well-maintained home on 715sqm (approx.) presents an outstanding investment opportunity with strong long-term upside.
The existing dwelling offers three bedrooms, central bathroom, separate living and dining areas, and a functional kitchen-providing immediate rental or occupancy potential.
The generous land size offers future scope to renovate, extend or redevelop (STCA), allowing investors to capitalise on capital growth in a tightly held suburb.
Conveniently located close to Westfield Doncaster, quality schools, parks, transport and major arterials, this is a strategic landholding combining immediate income potential with future development flexibility.
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Property Details for 24 Marcus Rd, Templestowe Lower

24 Marcus Rd, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with LJ Hooker City Residential.

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About Templestowe Lower 3107

The size of Templestowe Lower is approximately 5.9 square kilometres. It has 20 parks covering nearly 11.5% of total area. The population of Templestowe Lower in 2016 was 13429 people. By 2021 the population was 14098 showing a population growth of 5.0% in the area during that time. The predominant age group in Templestowe Lower is 40-49 years. Households in Templestowe Lower are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation.In 2021, 80.00% of the homes in Templestowe Lower were owner-occupied compared with 80.00% in 2016.

Templestowe Lower has 6,564 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 2.03% increase in median value, while Units have seen a 15.13% increase. As at 30 April 2026:

  • The median value for Houses in Templestowe Lower is $1,326,511 while the median value for Units is $997,364.
  • Houses have a median rent of $750 while Units have a median rent of $675.
There are currently 39 properties listed for sale, and 8 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in Templestowe lower.

Suburb Insights for Templestowe Lower 3107

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LJ Hooker City Residential
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.