5 Magnolia Dr, Templestowe Lower is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 659m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in October 2009.
STYLISH RENOVATION IN A PRIZED POSITION
THE MAIN ENTRANCE IS PRIVATELY HIDDEN FROM THE STREET, YET INSIDE REVEALS A STUNNINGLY RENOVATED HOME, SPREAD OVER 2 LEVELS. THE LOWER GROUND FLOOR REVEALS A SPACIOUS RUMPUS ROOM, WITH A WALL OF WINDOWS OVERLOOKING THE BEAUTIFULLY LANDSCAPED BACKYARD BOASTING 2 PAVED ALFRESCO AREAS, COMPLEMENTED BY LUSH GARDENS AND A MAGNOLIA TREE. ALSO ON THIS FLOOR IS A SPACIOUS, WELL-EQUIPPED LAUNDRY AND STORAGE.
UPSTAIRS SITS A BRIGHT CONTEMPORARY LIVING ZONE WITH POLISHED FLOORS AND ROMAN BLINDS. THERE IS EASY ACCESS TO THE UPSTAIRS LIVING AREAS THROUGH A SEPARATE SIDE ENTRANCE.
The size of Templestowe Lower is approximately 5.9 square kilometres. There are 20 parks, covering nearly 11.5% of the 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 6,586 properties. Over the last 5 years, Houses in Templestowe Lower have seen a -9.86% decrease in median value, while Units have seen a 8.76% increase. As at 31 July 2026:
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