42 Lowan Ave, Templestowe Lower is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960.
Having had only one loving and caring owner since its construction, this long held home not only occupies an elevated position in a picturesque, tree-lined street, but offers the opportunity to invest in a sought after property pocket.
Whether youre looking for a project home to renovate or the ideal location in which to build your dream home or undertake a modern multi-dwelling development (STCA), then this one fits the bill.
An elevated entrance and sun-drenched north-facing alfresco seating area welcomes you into a mostly traditional layout that features a formal lounge and dining area flooded with natural light.
The central kitchen enjoys updated appliances as well as an adjoining meals space, while three generous bedrooms with robes have proximity to the bright central bathroom and second separate toilet.
A versatile rear rumpus provides a place to entertain, a separate home office, retreat or studio has its own entrance, while additional outdoor entertaining, an expansive backyard, ducted heating, evaporative cooling and a double garage with workshop are valued additions.
Ideally placed for new owners to truly make their own, the location here cannot be understated.
Within walking distance to Birrarung Park, Bulleen Heights School, Templestowe Valley Primary School and Bulleen Plaza, close to the Heide Museum of Modern Art, Marcellin College and central Heidelberg, with great connection to Bulleen Rd, Manningham Rd, Thompsons Rd, Williamsons Rd, Doncaster Rd and the Eastern Freeway.
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:
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