Stonebridge Property Group is pleased to present for sale 348 Porter Street, Templestowe a well located and permitted development site in Melbourne's thriving east.
- Permit approved for ten (10) well-designed and large townhouses, comprising of four (4) bedrooms, large balconies and at-grade double garages
- Located within Templestowe a coveted and thriving eastern suburb approximately 23km of the Melbourne CBD
- Prime eastern suburban location - strong Templestowe median house price of $1,650,000^ which has increased 17%^ in the last 3 months
- Only 850m* to The Pines Shopping Centre home to Coles, Aldi, Woolworths, Kmart and 45 speciality retail stores
- Access to the Melbourne CBD via the Eastern Freeway, plus bus routes along Reynolds Street
*Approximately
^Source: REIV
348 Porter Street, Templestowe is for sale by Expressions of Interest closing Thursday 19th August 2021 at 2pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.
Julian White
0422 764 137
Dylan Kilner
0459 396 341
Chao Zhang
0411 625 068
Property Code: 274
The size of Templestowe is approximately 16.2 square kilometres. It has 41 parks covering nearly 33.0% of total area. The population of Templestowe in 2016 was 16618 people. By 2021 the population was 16966 showing a population growth of 2.1% in the area during that time. The predominant age group in Templestowe is 50-59 years. Households in Templestowe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Templestowe work in a professional occupation.In 2021, 82.30% of the homes in Templestowe were owner-occupied compared with 83.00% in 2016.
Templestowe has 7,405 properties. Over the last 5 years, Houses in Templestowe have seen a 19.74% increase in median value, while Units have seen a 23.21% increase. As at 31 December 2025:
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