166 Templestowe Rd, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 676m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
A prime locale where options & opportunity abound
Perfectly positioned in a prized pocket of Templestowe Lower, this rare 678 sqm (approx.) allotment zoned GRZ1 is calling all home buyers, renovators, developers, and investors! Conveniently set on a service road, close to lifestyle essentials and nestled next to nature, nows the chance to secure everything you need to fulfill your real estate dreams.
The original dwelling is ripe for renovation, featuring 3 bedrooms, formal lounge and dining, open kitchen, bathroom with separate toilet plus laundry and double car garage. You could roll up your sleeves & adapt the floorplan to suit your needs, or, if youd rather not be tied to the existing layout, knock down and start completely anew or redevelop (STCA).
Whatever you choose, your location guarantees a rich quality of life just moments to local shops, bus services, Templestowe Valley Primary School, and the Eastern Freeway. An effortless stroll takes you to Birrarrung Park and the Yarra River walking trails and bike paths a relaxing place to begin or end your days with ease.
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 6,563 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 21.41% increase in median value, while Units have seen a 18.59% increase. As at 31 December 2025:
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