315 Thompsons RoadTemplestowe Lower VIC 3107
Property Details for 315 Thompsons Rd, Templestowe Lower
Last Listing description (October 2025)
Set high on one of Templestowe Lower's most desirable pockets, this exceptional development opportunity comes complete with approved plans and permits for four luxury executive townhouses. Positioned just moments from the CBD, this elevated site offers a unique blend of lifestyle appeal and investment potential.
The proposed plans include:
Dwellings 1 & 2: Both with commanding street presence, enjoying elevated balconies with sweeping views.
Dwellings 3 & 4: Privately set at the rear, each featuring oversized family-friendly backyards.
A choice of 34 bedroom layouts with generous bathrooms, expansive open-plan living/dining zones, designer kitchens, and secure car accommodation.
Design features include warm grey rendered faades, elegant mouldings, wrought iron balustrades, charcoal roof tiles, and bluestone paving all combining to deliver an opulent, contemporary finish.
The existing solid brick residence is a comfortable 3-bedroom, 1-bathroom home with polished timber floors, gas ducted heating, split system cooling, an alfresco entertaining area, and double garage ideal to live in while you plan your build or lease out for steady returns.
Within the catchment of Templestowe College and close to St Kevin's Primary, Templestowe Valley Primary, Marcellin College, and elite Kew private schools. Minutes to Macedon Square, Bulleen Plaza and Westfield Doncaster, plus excellent transport links including Park & Ride, the 905 bus and the Eastern Freeway.
A golden chance to secure a premium development-ready site in a blue-chip location.
Plans and permits available on request act quickly!
Disclaimer:
The information contained in this report has been provided to us and is intended as a general guide only. While every effort has been made to ensure accuracy, no responsibility is accepted and all liability is disclaimed for any errors, omissions, inaccuracies, or misstatements. This material is provided for reference purposes only and does not constitute representation by the Agent or Owner. Prospective purchasers are strongly advised to conduct their own enquiries and due diligence to verify all information prior to making any decisions.
Property History for 315 Thompsons Rd, Templestowe Lower, VIC 3107
- 29 Aug 2025Sold for $1,300,000
- 22 May 2025Listed for Sale $1,320,000-$1,450,000
- 18 Apr 2023Listed for Sale $1,650,000-$1,730,000
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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 6,568 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 6.43% increase in median value, while Units have seen a 15.68% increase. As at 31 March 2026:
- The median value for Houses in Templestowe Lower is $1,358,064 while the median value for Units is $999,453.
- Houses have a median rent of $730 while Units have a median rent of $693.
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