29 Fairbank Cres, Templestowe Lower is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 656m2. While the property is not currently for sale or for rent, it was last sold in May 1993.
Sale By Set Date - 6 December at 6:00pm
Can be purchased together or separately.
Perfectly positioned in a prime central pocket, these neighbouring blocks are now open for development with the combined real estate for an expansive corner allotment. Build your dream home or multiple new dwellings (STCA) in this tightly held location with unlimited family appeal.
With No. 29 recently demolished, the work has already begun to clear these spacious blocks with a combined area of approx. 1314m2. If merged, you?ll have a massive corner lot to work with that enjoys wide frontage of approx. 33m to both Fairbank Crescent and Harvey Avenue. Adding to the potential is a favourable elevation towards the west, affording the opportunity to build high and capture a beautiful sweeping outlook down to the Dandenong Ranges.
The highly esteemed Templestowe College and Templestowe Heights Primary School are mere footsteps away, with just a short walk to local parks and playgrounds including the Ruffey Creek Trail leading up to the Yarra River.
Minutes away are Templestowe Village or Macedon Plaza for local shops, supermarkets, caf?s, eateries and medical services. Westfield Doncaster is within a 5-minute drive, while bus transport is a quick stroll away on High Street connecting to Box Hill, Deakin University or straight into the city.
The size of Templestowe Lower is approximately 5.9 square kilometres. There are 20 parks, covering nearly 11.5% of the 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 6,585 properties. Over the last 5 years, Houses in Templestowe Lower have seen a -9.86% decrease in median value, while Units have seen a 8.76% increase. As at 31 July 2026:
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