5 Rae Street, Templestowe Lower, VIC 3107 | Property Value & History | OnTheHouse
 
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5 Rae Street
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 742m2
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Property Details for 5 Rae St, Templestowe Lower

5 Rae St, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 742m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Land Size
742m2
Local Government
Manningham
Lot/Plan
119/LP40701

Last Listing description (May 2023)

Sold by Lachlan Williams 0414 582 556 - Hoskins Maroondah

In a very popular family pocket just around the corner from Swanston Street Reserve Playground and Gertrude Street Playground, don't miss this fantastic foundation for investment, a first home or redevelopment on a large block of approximately 742 square metres.

Enjoying the natural luminescence of a north-facing backyard and an elevated frontage, the classic 3 bedroom design includes a spacious lounge/dining and a sun-filled kitchen. Attractive now with the comfort of ducted heating, a split system air-conditioner, solar panels, security alarm, a carport and a single garage with workshop, renovate over time or look to build a new luxury residence (STCA).

Close to Templestowe Valley Primary School and Templestowe College, the bus is nearby for an easy trip to Marcellin College, Kew's private schools and the city. Walk to Birrarrung Park and the Yarra River, and shop effortlessly at Bulleen Plaza.

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Property History for 5 Rae St, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$1,235,500
14 Apr 2023
  • 14 Apr 2023
    Sold for $1,235,500
  • 22 Mar 2023
    Listed for Sale $1.2m - $1.3m
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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 6,559 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:

  • The median value for Houses in Templestowe Lower is $1,418,910 while the median value for Units is $959,398.
  • Houses have a median rent of $720 while Units have a median rent of $678.
There are currently 31 properties listed for sale, and 7 properties listed for rent in Templestowe lower on OnTheHouse. According to Cotality's data, 377 properties were sold in the past 12 months in Templestowe lower.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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.

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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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