378 Thompsons Road, Templestowe Lower, VIC 3107 | Property Value & History | OnTheHouse
 
FOR SALE

378 Thompsons Road
Templestowe Lower VIC 3107

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
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This property is currently on the market
Prime Investment Opportunity with Significant Potential!
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Property Details for 378 Thompsons Rd, Templestowe Lower

378 Thompsons Rd, Templestowe Lower is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1970.This Property is currently listed for sale with Barry Plant - Doncaster East

Building Type
House
Year Built
1970
Local Government
Manningham
Lot/Plan
109/LP83727

Last Listing description (August 2025)

Prime Investment Opportunity with Significant Potential!

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.

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Property History for 378 Thompsons Rd, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$850,000
25 Sep 2019
  • 06 Jun 2025
    Listed for Sale $1.2m - $1.25m
  • 04 Dec 2024
    Listed for Sale $1.15m - $1.2m
  • 17 Jul 2024
    Listed for Sale $1.15m - $1.2m
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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 6,560 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 25.36% increase in median value, while Units have seen a 20.40% increase. As at 30 November 2025:

  • The median value for Houses in Templestowe Lower is $1,418,910 while the median value for Units is $959,398.
  • Houses have a median rent of $720 while Units have a median rent of $678.
There are currently 24 properties listed for sale, and 7 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 382 properties were sold in the past 12 months in Templestowe lower.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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