230 Thompsons Rd, Templestowe Lower is a 4 bedroom, 3 bathroom House and was built in 1965. The property has a land size of 627m2 and floor size of 163m2.This Property is currently listed for sale with Only Estate Agents Brisbane
Positioned on a high-profile corner of Thompsons Road, 230 Thompsons Road, Templestowe Lower offers a rare chance to secure a 627sqm (approx.) landholding with exceptional visibility, versatile dual living, and strong long-term potential (STCA/DD08 RGZ2).
The property features a dual-level layout:
- Downstairs: 1 bedroom, 1 bathroom, living area, and a small kitchen with separate access, ideal for rental income, teen retreat, home office, or consulting space.
Investment, development & business appeal:
- Investors can rent both levels separately to maximize income.
- Developers have the potential to subdivide or build up to 5 triple-storey townhouses (STCA).
- With high street exposure, the property is also ideal for professional use, including a Medicare clinic, dental practice, consulting rooms, offices for accountants, brokers, or other businesses.
Location and lifestyle:
Superbly positioned for convenience minutes to the freeway, serviced by express city buses, and close to Westfield Doncaster, Macedon Square, and Bulleen Plaza. Enjoy nature walks along the Koonung Creek Trail, sporting pursuits at Ted Ajani and Timber Ridge Reserves, and proximity to Yarra Parklands, Templestowe Village, and Heide Museum of Modern Art.
Move in now and enjoy comfortable living, or plan a modern renovation, dual-income strategy, professional setup, or redevelopment opportunities of this scale, exposure, and versatility in Templestowe Lower are exceptionally rare.
Only One Thing Left To Do...
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 6,569 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 15.26% increase in median value, while Units have seen a 16.54% increase. As at 28 February 2026:
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