16 Jeffrey St, Templestowe Lower is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 726m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
A sizeable 725sqm (approx.) allotment positioned on the high side of the road is home to a magnificent opportunity that lends itself to a host of options for the astute buyer with a taste for value and an eye for success.
Stylishly presented with beautiful polished timber floors, high ceilings above, loads of light, a warm contemporary scheme, generous living areas, zoned bedrooms of good proportions and stainless steel oven in the well-appointed kitchen, rest easy in the knowledge that you could move straight in and live comfortably here for years to come. You could also capitalise on its excellent access to the Eastern Freeway, schools, Finns Reserve, bus services, Bulleen Plaza and Macedon Square by leasing the property for an attractive return whilst watching the equity in the property grow.
Occupying such a large allotment with the potential of views, however, presents a tantalising development opportunity (STCA), whether that includes the construction of multiple dwellings or a brand new home in a first-class setting.
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 6,560 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 25.36% increase in median value, while Units have seen a 20.40% increase. As at 30 November 2025:
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