86 Rose Avenue, Templestowe Lower, VIC 3107 | House for sale | OnTheHouse
 
FOR SALE
$1.448m

86 Rose Avenue
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 762m2
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Strategic Development Opportunity – Plans & Permits Ready to Go

***INSPECTIONS BY PRIVATE APPOINTMENT ONLY***
*PLEASE CONTACT AGENT TO RECEIVE A COPY OF THE APPROVED PLANS AND PERMITS*
Boasting an enviable elevated position, this traditional suburban property offers a rare lifestyle opportunity in a prime location — just moments from Templestowe Valley Primary School and within the sought-after Templestowe College zone.
With approved plans and permits already in place for three brand-new townhouses, the possibilities here are both exciting and abundant.
Currently occupying the generous 762 sqm (approx.) block is a spacious, character-filled home that was once a standout of its era. While the existing residence offers 3 bedrooms plus a study or potential 4th bedroom, open-plan living, and a double lock-up garage, the real value lies in the future — whether that’s a contemporary renovation (STCA), executing the approved multi-dwelling development, or designing and building your dream home (STCA).
Positioned to potentially capture city views, this is a unique opportunity to create a modern, stylish development in a high-demand area.
Enjoy walking distance to the beautiful Birrarung parklands and easy access to Macedon Plaza, Bulleen Plaza, and Westfield Doncaster. Plus, you're just minutes from the Eastern Freeway, offering a seamless connection to Melbourne’s CBD.
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Property Details for 86 Rose Ave, Templestowe Lower

86 Rose Ave, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 762m2. The place is currently for sale with Barry Plant - Doncaster East.

Building Type
House
Land Size
762m2
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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 6,587 properties. Over the last 5 years, Houses in Templestowe Lower have seen a -6.86% decrease in median value, while Units have seen a 12.92% increase. As at 30 June 2026:

  • The median value for Houses in Templestowe Lower is $1,268,001 while the median value for Units is $958,139.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 30 properties listed for sale, and 9 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 262 properties were sold in the past 12 months in Templestowe lower.

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Scott George
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Mark Di Giulio
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Barry Plant - Doncaster East
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