31 Caroline Drive, Templestowe Lower, VIC 3107 sold on 19 November 2025 | OnTheHouse
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Sold on 19 Nov 2025 - Price Unavailable

31 Caroline Drive
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 914m2
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Property Details for 31 Caroline Dr, Templestowe Lower

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.

Building Type
House
Land Size
914m2

Last Listing description (November 2025)

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.

Each townhouse is thoughtfully configured for comfort and flexibility:
Dwelling 1’s ground floor bedroom with ensuite, upper level three bedrooms including a master suite, retreat, and family bathroom, complemented by a large private front yard ideal for entertaining.
Dwellings 2 and 3 include a ground-floor bedroom with ensuite, open plan kitchen, three upstairs bedrooms including a master suite, and a stylish bathroom.
All homes feature decking, a garden shed, water tank, and double garage, with light-filled living zones that seamlessly connect to outdoor spaces — perfect for families or downsizers.
The existing three-bedroom residence offers comfortable, lease-ready accommodation, providing the option to live in or rent out while preparing for construction. With its wide frontage, flat terrain, and superb proportions, the site ensures ease of buildability and strong resale potential.
Ideally located within one of Templestowe Lower’s most desirable pockets, the property is just minutes from Macedon Square, Westfield Doncaster, and the boutique cafés and restaurants of Templestowe Village. Families will value zoning for Templestowe College and Templestowe Heights Primary School, and proximity to Twin Hills Preschool and elite private schools.

Property History for 31 Caroline Dr, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
19 Nov 2025
  • 19 Nov 2025
    Sold
  • 24 Oct 2025
    Listed for Sale $1,400,000 ~ $1,500,000
  • 01 Sep 1984
    Sold for $77,250
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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 6,563 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:

  • The median value for Houses in Templestowe Lower is $1,423,805 while the median value for Units is $981,408.
  • Houses have a median rent of $720 while Units have a median rent of $690.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 378 properties were sold in the past 12 months in Templestowe lower.

Suburb Insights for Templestowe Lower 3107

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Cassie Wang
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Joe Cai
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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.