63 Caroline Dr, Templestowe Lower is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 728m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
Positioned in an undeniably prime location on a generous 728m (approx.) allotment, this exceptional family residence delivers outstanding space, lifestyle convenience, and future development potential in one of the areas most sought-after pockets.Enjoying a peaceful setting just moments from Macedon Square, Templestowe Village, quality schools, parklands, public transport, and the Eastern Freeway, the home offers true prime convenience with everything essential within easy reach.Designed for flexible family living, the residence spans two well-proportioned levels and features multiple living zones to suit growing households. A formal lounge and dining area provide an elegant setting for entertaining, while the central kitchen is beautifully appointed with granite benchtops, stainless steel appliances, generous storage, and seamless connection to everyday living spaces.Accommodation includes a spacious master bedroom with private ensuite, complemented by two additional bedrooms and a central family bathroom. Downstairs, a large additional living area offers exceptional versatility ideal as a games room, home office, studio, workshop, or potential guest accommodation, supported by the convenience of an additional bathroom.Set on a substantial allotment, the property also presents exciting scope for future enhancement, redevelopment, or potential multi-dwelling development (STCA), offering flexibility for investors, builders, or families planning for the future.Further highlights include a comprehensive security system with CCTV and alarm, expansive outdoor areas ideal for entertaining, and over 20 established fruit trees creating a private and productive garden setting.Combining a prime address, prime landholding, and prime future potential, this is a rare opportunity to secure a home that delivers immediate family comfort alongside exceptional long-term value.
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 6,569 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 15.26% increase in median value, while Units have seen a 16.54% increase. As at 28 February 2026:
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