4 Mcgahy Street, Templestowe Lower, VIC 3107 | Property Value & History | OnTheHouse
 
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4 Mcgahy Street
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 837m2
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Last updated 2 Feb 2026
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Property Details for 4 Mcgahy St, Templestowe Lower

4 Mcgahy St, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 837m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Year Built
1960
Land Size
837m2
Local Government
Manningham
Lot/Plan
70/LP20094

Last Listing description (June 2025)

This home is ready for all possibilities and with a location to die for just a stone throw away from Macedon Square Shopping Centre and 67-minute walk to Westfield Doncaster

So, when you have a chance to skip the queue and secure a large 837sqm (approx.) of prime DDO8 zoned allotment with endorsed plans and permits for 5 luxury townhouses with views, you know youll have to move quickly to secure this first-class development opportunity. Alternatively redevelop with 3-4 Large Town Houses (STCA) or Land Bank it!

With all the time-consuming work involved, you can commence the building process the instant the keys to this property are in your hand! Once complete, your future development will stand within a short walk of Macedon Square, Manningham Medical Centre, Westfield Doncaster, city-bound buses and the Eastern Freeway/Eastlink great for a quick commute into the CBD or the sandy shoreline along the Mornington Peninsula.

An existing single-level three-bedroom home currently occupies the block, and with a generous light-filled living area, spacious well-appointed kitchen, large, grassed backyard, and a bright family bathroom, you could lease out the home and line your pockets with income until youre ready to get construction underway. Desirably zoned for Templestowe College and Templestowe Heights Primary School.

This is a rare opportunity in a family-favoured locale, whatever you decide to do, you will reap blue-chip rewards for years to come.

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Property History for 4 Mcgahy St, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$1,530,000
08 Mar 2024
Listed for Rent
$475/w
16 Mar 2023
  • 06 Dec 2024
    Listed for Sale $1.35m - $1.485m
  • 08 Mar 2024
    Sold for $1,530,000
  • 07 Feb 2024
    Listed for Sale $1.525m
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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 6,562 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 27 properties listed for sale, and 7 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 379 properties were sold in the past 12 months in Templestowe lower.

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© Copyright 2026. 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.

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.

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