4/1 Merri St, Templestowe Lower is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 229m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom Unit sold in Templestowe Lower in the last 12 months.
Enjoying a quiet position at the rear of a small complex of well-maintained homes, this fully renovated single-level residence delivers modern comfort, low-maintenance ease and exceptional lifestyle convenience. Freshly updated throughout with quality finishes, the home presents an outstanding opportunity for young families, downsizers or investors seeking ready-made contemporary style close to leading schools and lush parkland along the Yarra River.
Warm timber floors flow through the spacious living room, where abundant natural light and split-system heating/cooling create a welcoming environment to relax or entertain. The adjoining dining zone offers seamless access to a private and low-maintenance courtyard through sliding doors, providing the perfect setting for alfresco meals or easy indoor-outdoor living.
The beautifully upgraded kitchen showcases stone benchtops and splashback, a stainless-steel dishwasher, 900mm gas cooktop and excellent storage, making everyday cooking both stylish and practical. A cleverly designed Euro laundry with matching stone finishes is neatly tucked away for total functionality.
Accommodation includes three generous bedrooms with built-in robes and individual split-system units, including a restful master with a brand-new ensuite featuring a stone-top vanity, floor-to ceiling tiles and heat lamps. The main bathroom mirrors the homes contemporary aesthetic also with floor-to-ceiling tiles, a freestanding bathtub, large walk-in shower, dual skylights and premium fittings.
Moments from Templestowe Valley Primary School, local childcare centres, peaceful trails along Finns Reserve and the Yarra River, and the sporting grounds of Ted Ajani Reserve, this location is also superbly connected by buses on Thompsons Road. Templestowe Village, Macedon Square, Bulleen Plaza and Westfield Doncaster are all just minutes away, with easy Eastern Freeway access for an effortless city commute.
*Fully renovated single-level home in a quiet rear position
*Spacious living area with new timber floors and split-system AC
*Contemporary stone-finished kitchen with gas cooktop and dishwasher
*Three bedrooms with BIRs and individual split-systems
*Luxe main bathroom with freestanding bath and large walk-in shower
*Modern master ensuite with stone vanity
*Low-maintenance courtyard with garage access
*Walk to schools, reserves, childcare and buses
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 6,562 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 19.03% increase in median value, while Units have seen a 19.54% increase. As at 31 January 2026:
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