FOR SALE
$1.398m

88 Olympus Drive
Templestowe Lower VIC 3107

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 715m2
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Purchase for Current and Future Prosperity

Having no doubt been at the top of the market in its time, this traditionally spacious, elevated and ideally positioned property is one of those rare real estate assets that offers current and future value.
Much loved and well-maintained by long-time owners, this ready to be lived in home is perfectly placed for new owners to purchase and renovate as they see fit, to begin again with a brand-new build or even rent out while they get plans and permits organised for a modern multi-dwelling development (STCA).
Elevated for aspect the current residence features a welcoming front porch, formal living and dining, a central kitchen with electric cooking and meals area, bedrooms with robes, master with en-suite, a bright main bathroom, powder room and versatile retreat.
The low-maintenance backyard has room to entertain and plenty of privacy provided by established gardens.
Gas ducted heating, evaporative cooling, a separate laundry with outdoor access and a double garage are valued additions.
Set to provide its lucky new owners with a range of options, this exciting opportunity is located within walking distance to Macedon Plaza, Aquarena Aquatic Centre and Westfield Doncaster Shoppingtown, close to Doncaster Secondary College and Ruffey Lake Park, with easy access to Williamsons Rd, Manningham Rd, Doncaster Rd and the Eastern Freeway.
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Property Details for 88 Olympus Dr, Templestowe Lower

88 Olympus Dr, Templestowe Lower is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 715m2. The place is currently for sale with Barry Plant - Doncaster East.

Building Type
House
Land Size
715m2

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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 2011 was 13,152 people. By 2016 the population was 13,448 showing a population growth of 2.3% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation. In 2011, 82.8% of the homes in Templestowe Lower were owner-occupied compared with 80% in 2016.

Templestowe Lower has 6,465 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 9.38% increase in median value, while Units have seen a 29.05% increase. As at 31 October 2024:

  • The median value for Houses in Templestowe Lower is $1,363,407 while the median value for Units is $1,010,266.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 47 properties listed for sale, and 10 properties listed for rent in Templestowe lower on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Templestowe lower.

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Harry Lai
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Negin Naji Rad
Barry Plant - Doncaster East
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