98 Parker StreetTemplestowe Lower VIC 3107
Property Details for 98 Parker St, Templestowe Lower
98 Parker St, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 867m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Templestowe Lower in the last 12 months.
Last Listing description (June 2026)
Positioned on an expansive 867sqm approx. allotment, this property presents an outstanding opportunity for developers, builders and astute investors to capitalise on the strong transformation already underway throughout this tightly held Templestowe Lower pocket.
The existing residence is a classic single-level home offering three bedrooms, a central bathroom, generous living and dining zones, and a functional kitchen, all set behind a wide frontage with excellent access. While comfortable in its current form, the true value lies in the land itself - offering exceptional scope for future redevelopment or subdivision (STCA), surrounded by quality new townhomes and contemporary builds that highlight the area's ongoing growth and demand.
The substantial, predominantly level rear yard provides excellent flexibility for future design outcomes, making this an ideal site for those seeking to unlock its full potential. Whether you're planning a dual-occupancy project, a multi-townhouse development or a land-banking strategy, this is a site that aligns perfectly with the prevailing development trend of the neighbourhood.
Adding further appeal is the highly convenient location, just a short walk to the Templestowe Village hub, where cafés, restaurants, a chemist, IGA and everyday amenities create a vibrant village atmosphere. Easy access to public transport and major arterial routes further enhances the long-term desirability of this address.
Offered as a rare landholding in one of Templestowe Lower's most sought-after and evolving streets, this is a compelling opportunity to secure a sizeable parcel with clear upside in an area where quality development continues to thrive.
Property History for 98 Parker St, Templestowe Lower, VIC 3107
- 30 Jun 2026Sold for $1,080,000
- 29 Jan 2026Listed for Sale $1,230,000
- 09 Sep 2023Sold for $1,100,000
Recent sales nearby
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0About Templestowe Lower 3107
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 6,556 properties. Over the last 5 years, Houses in Templestowe Lower have seen a -6.86% decrease in median value, while Units have seen a 12.92% increase. As at 30 June 2026:
- The median value for Houses in Templestowe Lower is $1,268,001 while the median value for Units is $958,139.
- Houses have a median rent of $750 while Units have a median rent of $650.
Suburb Insights for Templestowe Lower 3107
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