OFF MARKET

1 Sassafras Drive
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 700m2
Land area: 699m2
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Property Details for 1 Sassafras Dr, Templestowe Lower

1 Sassafras Dr, Templestowe Lower is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 699m2 and floor size of 700m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1960
Floor Size
700m2
Land Size
699m2
Local Government
Manningham
Lot/Plan
45/LP70722

Last Listing description (August 2019)

Ok savvy investors, first-time buyers and renovators, this one's for you! Tastefully updated, immediately liveable or lettable and boasting a prime corner position with unparalleled views, there's no shortage of options available to the astute buyer of this rewarding three-bedroom home.
Offered for the first time, this home has enjoyed a rich past, recently as a fantastic rental property with a history of solid returns. It's already proved its ability to generate a steady income and is primed to continue doing so.
Featuring three large bedrooms, the main with ensuite and WIR. A generous L-shaped formal lounge and dining area presents a peaceful space to relax and unwind, as does the separate radiant living area, which extends onto a paved private outdoor area that soaks up the tranquility of the landscaped garden.

Dressed with polished timber floorboards throughout, an updated kitchen with stainless steel appliances, there's also the option of moving straight in and adding your own modern touch throughout the single-level interior, now or in the future.
Sited on a generous 700sqm (approx.) corner block in a premier neighbourhood, there's also scope to start afresh with your brand new dream home (STCA) located within walking distance of Macedon Square shops, Templestowe College, bus transport and Ruffey Lake Park and only a short distance away from Templestowe Village, St Kevin's Primary School, the Park + Ride, the Eastern Freeway and Westfield Shoppingtown.

Property History for 1 Sassafras Dr, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$950,000
16 Aug 2019
Listed for Rent
$460/w
28 Aug 2017
  • 16 Aug 2019
    Sold for $950,000
  • 15 Mar 2019
    Listed for Sale $1m - $1.1m
  • 04 Jul 2017
    Listed for Rent - Price not available
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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 6,463 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 46 properties listed for sale, and 6 properties listed for rent in Templestowe lower on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Templestowe lower.

Suburb Insights for Templestowe Lower 3107

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.