2 Palmerston Ave, Templestowe Lower is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 736m2 and floor size of 286m2. While the property is not currently for sale or for rent, it was last sold in March 1996.
A remarkably large and lovingly maintained family classic from the mid twentieth century, this sweeping, five bedroom residence presents a flexible floorplan with wonderful spaces to suit and adapt to the needs of large and growing families. Set on an opportunity filled allotment of 736 square metres (approx.) in a coveted family locale, the home is presented to be enjoyed today with scope to refresh at your leisure or even plan something bolder down the track (STCA).
The richness and style of polished hardwood flooring is complementary of timber cabinetry throughout the home as it highlights a large kitchen / meals with vast, semi-attached lounge / dining. Framing garden outlooks in all directions, the home flows past four bedrooms and two bathrooms to a huge main bedroom with its own ensuite, independent access and the potential to serve as a home office, rumpus room or teen retreat. Further highlights include walk-in or built-in robes in three of the bedrooms, a laundry, a double carport and driveway parking for an additional four vehicles.
This is a dream location for raising families in a quiet street, just moments from all the modern conveniences you need including Aquarena Leisure Centre, Macedon Plaza and Westfield Doncaster, with Ruffey Lake Park just moments away, The Eastern Freeway accessed easily and both Templestowe Heights Primary and Templestowe College also within walking distance.
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 6,564 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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