378 Thompsons Rd, Templestowe Lower is a 6 bedroom, 4 bathroom House and was built in 1970. While the property is not currently for sale or for rent, it was last sold in September 2019.
Inspections by private appointment only.
Investors, seize this exceptional chance to capitalize on a high-potential property in a coveted location. This expansive six-bedroom, four-bathroom residence offers an incredible canvas for growth and redevelopment, perfectly situated within the Templestowe Valley Primary School and Templestowe College zone (STCA).
Spread across two levels, this well-maintained home features two generous living areas and a versatile layout that includes a private main bedroom upstairs with a separate retreat (complete with kitchenette) ideal for accommodating multiple tenants or generating rental income. With additional features such as a modern central kitchen with quality appliances, alfresco entertaining space, split-system heating/cooling, two sheds, and ample off-street parking, this property is designed to meet diverse investor needs.
Set on a substantial 653sqm (approx.) block, the property presents a prime opportunity for redevelopment. Consider the potential to build a series of luxury townhouses or a stunning lifestyle residence in this desirable family-oriented neighborhood. The area benefits from exceptional connectivity, with close proximity to transport links, Ted Ajani Reserve, the Main Yarra Trail, Templestowe Village, Macedon Square, Westfield Doncaster, and the Eastern Freeway.
Dont miss out on this promising investment opportunity with significant redevelopment potential in a sought-after location.
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:
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