48 Templestowe Rd, Bulleen is a 6 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 703m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 6 bedroom House sold in Bulleen in the last 12 months.
Privately positioned on a 703sqm (approx.) allotment with dual access from Templestowe Road and Brickmakers Lane, this exceptional residence presents a wealth of opportunity in a high-growth locale.
Beautifully updated throughout, the main home showcases elegant period ceilings, warm timber floors and a sleek contemporary kitchen paired with a sunlit dining zone and inviting lounge with a statement stone fireplace. Three robed bedrooms are served by a luxurious bathroom with freestanding tub and rainfall shower. Comfort is assured year-round with ducted heating and split system heating/cooling.
At the rear, a fully self-contained three-bedroom unit offers impressive versatility for extended families or immediate rental income. Complete with its own kitchen, bathroom, living zone and laundry, plus private entry and double carport via Brickmakers Lane, it functions as an ideal dual-living setup.
Beyond its existing charm, the property also comes with approved plans and permits for two side-by-side townhouses at the rear of the property (with driveway access via Brickmakers Lane), offering the added bonus of retaining the original home at the front-making it a truly unique development prospect.
Set opposite sprawling parklands and the Yarra River, the home is superbly located near Bulleen Plaza, Austin Hospital, and the upcoming North East Link, offering seamless connectivity and convenience.
The size of Bulleen is approximately 6.5 square kilometres. It has 29 parks covering nearly 28.3% of total area. The population of Bulleen in 2016 was 10873 people. By 2021 the population was 11219 showing a population growth of 3.2% in the area during that time. The predominant age group in Bulleen is 50-59 years. Households in Bulleen are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bulleen work in a professional occupation.In 2021, 77.60% of the homes in Bulleen were owner-occupied compared with 77.20% in 2016.
Bulleen has 5,633 properties. Over the last 5 years, Houses in Bulleen have seen a 19.48% increase in median value, while Units have seen a 31.04% increase. As at 30 November 2025:
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