31 Caroline Dr, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 914m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Templestowe Lower in the last 12 months.
Prestigious Location, Approved Plans, Endless Possibilities
An exceptional opportunity awaits developers, builders, and astute investors with this substantial 914m² (approx.) allotment, complete with approved planning permit and architectural plans for three luxury, modern double-storey townhouses.
Designed with a focus on contemporary family living, the approved plans showcase three impressive four-bedroom residences featuring bold modern façades, open-plan layouts, and premium finishes that will appeal to discerning buyers seeking space, style, and sophistication.
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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