29 Waratah Drive, Templestowe Lower, VIC 3107 | House for sale | OnTheHouse
 
FOR SALE
$1,100,000-$1,210,000

29 Waratah Drive
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 657m2
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Corner Block with two existing driveway crossovers!

Held by its original owner since it was built in the 1960s, 29 Waratah Drive is being offered to the market for the very first time, presenting a rare opportunity to secure a character-filled family home on a substantial corner allotment in a highly convenient Templestowe Lower location.
Positioned on approximately 657m², this property offers an appealing option for families seeking a home to enjoy and personalise, alongside exciting potential for developers, builders and astute buyers looking to explore the possibilities of the land, subject to council approval.
With a prominent corner position and two existing driveway crossovers, the site provides an appealing foundation for investigating a range of future development opportunities, including the potential for a multi-dwelling project or a new home designed around the allotment. Buyers are encouraged to make their own enquiries regarding development feasibility and council requirements.
The existing architect-designed brick home, built in the 1960s, retains a wonderful sense of character and includes:
North-facing orientation, capturing plenty of natural light.
High ceilings and wide eaves, reflecting its original architectural design.
Tassie oak solid timber flooring throughout.
Two open fireplaces, adding warmth and charm.
A dining room that was previously configured as a fourth bedroom and could potentially be converted back, subject to the necessary works.
A backyard featuring extensive natural stone and bluestone landscaping, creating a beautiful atmosphere and a unique sense of character.
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Property Details for 29 Waratah Dr, Templestowe Lower

29 Waratah Dr, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 657m2. The place is currently for sale with Bill Schlink First National - TEMPLESTOW.

Building Type
House
Land Size
657m2
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About Templestowe Lower 3107

The size of Templestowe Lower is approximately 5.9 square kilometres. There are 20 parks, covering nearly 11.5% of the 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 6,585 properties. Over the last 5 years, Houses in Templestowe Lower have seen a -12.52% decrease in median value, while Units have seen a 7.57% increase. As at 31 August 2026:

  • The median value for Houses in Templestowe Lower is $1,222,796 while the median value for Units is $934,310.
  • Houses have a median rent of $780 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 332 properties were sold in the past 12 months in Templestowe lower.

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Bill Schlink First National - TEMPLESTOW
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