230 Thompsons Road, Templestowe Lower, VIC 3107 sold on 05 August 2025 | OnTheHouse
SOLD
Sold on 05 Aug 2025 for $1,300,000

230 Thompsons Road
Templestowe Lower VIC 3107

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 163m2
Land area: 627m2
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Property Details for 230 Thompsons Rd, Templestowe Lower

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

Building Type
House
Year Built
1965
Floor Size
163m2
Land Size
627m2
Local Government
Manningham
Lot/Plan
7/LP12160

Last Listing description (March 2026)

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.

- Upstairs: Main residence with 3 spacious bedrooms, 2 bathrooms, a separate study, and generous living and kitchen areas, complemented by a massive open patio and expansive garden with a shed perfect for entertaining or relaxing.

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...

Property History for 230 Thompsons Rd, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$1,300,000
05 Aug 2025
Listed for Rent
$420/w
11 Nov 2019
  • 02 Feb 2026
    Listed for Sale $1,200,000 - $1,280,000
  • 05 Aug 2025
    Sold for $1,300,000
  • 29 Sep 2022
    Sold for $1,200,000
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About Templestowe Lower 3107

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:

  • The median value for Houses in Templestowe Lower is $1,408,529 while the median value for Units is $981,160.
  • Houses have a median rent of $720 while Units have a median rent of $695.
There are currently 33 properties listed for sale, and 5 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 392 properties were sold in the past 12 months in Templestowe lower.

Suburb Insights for Templestowe Lower 3107

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.