5 Janet St, Templestowe Lower is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2025. The property has a land size of 725m2 and floor size of 258m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Calling all renovators, investors and developers on the hunt for their next project, this is a charming abode that's absolutely bursting with future potential. Whether you look to update the existing residence, modernise and offer the home for rent or redevelop the lot and take full advantage of the prime location (STCA), the sky's the limit when it comes to 5 Janet St in Templestowe Lower.
The current home offers three bedrooms, one bathroom and light-filled living spaces with original details throughout. There are timber floors and ornate cornices plus built-in shelving and large windows that frame views over the yard and lush gardens.
While there is certainly scope to bring this humble abode back to life, the real value for this property lies within the 723sqm parcel of land. Concept plans have already been completed for a four-townhouse development that would offer sleek and stylish living in this popular neighbourhood.
All this is set within the Templestowe College and Templestowe Valley Primary School zones while pretty parks, bustling shops and a host of amenities are all conveniently located at your fingertips.
Features:
- Charming property ideal for eager renovators, investors and developers
- A prime 723sqm parcel of land close to a host of nearby amenities
- Existing three-bedroom, one-bathroom, two-car home already on site
- Potential to update the current residence, modernise and make it your own (STCA)
- Concept plans completed for a brand new four-townhouse development (STCA)
- 1.9km from Templestowe College and 1km from Templestowe Valley Primary School
- Close to the Eastern Freeway, Bulleen Plaza Shopping Centre and Westfield Doncaster
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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