7 Balmoral Ave, Templestowe Lower is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 737m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Prime location real estate, this double storey family home is positioned a brisk walk from Macedon Plaza, with freeway access, Doncaster Park and Ride, parks, Westfield Shoppingtown and top schools all within a 1km radius. Approved plans and permits for 4 townhouses (DD08) presents an exciting development opportunity. This proposed development yields long term value with the superior location and amenities in the area.
The current home showcases four bedrooms, one central bathroom, comfortable living areas as well as an outdoor deck ready-made for alfresco dining.
The perfect location of this property forecasts high future growth with numerous local cafes, restaurants, and supermarkets around the corner, as well as heavy hitters Woolworths, Aldi, McDonalds, and Golden Dragon Palace. Whether you drive or take public transport this property caters for your needs, the main bus station on the East Side and Doncaster Road/Bullen Road Freeway exits within 1km, it blesses your transit accessibility.
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 6,570 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 6.43% increase in median value, while Units have seen a 15.68% increase. As at 31 March 2026:
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