SOLD
RECENT ADVICE
Sold on 01 Feb 2024 for $1,388,000

12 Arapilles Drive
Templestowe Lower VIC 3107

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 725m2
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Property Details for 12 Arapilles Dr, Templestowe Lower

Building Type
Land
Land Size
725m2

Last Listing description (February 2024)

Within a prominent position close to all this prized pocket has to offer, this spacious suburban block of 725 sqm (approx.) promises a prosperous future for you and your family.

In a chance to snap up a vacant, cleared parcel of land rarely seen in such a lifestyle location, the focus here will undoubtedly be on building your stunning brand new home (STCA) or undertaking a modern multi-dwelling development in a prime Eastern suburban setting where there are very limited land offerings of this magnitude left.

With level topography and an impressive 17m street frontage, the location and opportunity here simply cannot be understated.

Within walking distance to the Macedon Square, Ted Adjani Reserve, close to a number of highly regarded primary and secondary schools and Westfield Doncaster Shoppingtown, as well as enjoying great connection to Bulleen Rd, Thompsons Rd, Manningham Rd, Williamsons Rd, Doncaster Rd and the Eastern Freeway.

Property History for 12 Arapilles Dr, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$1,388,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $1,388,000
  • 01 Dec 2023
    Listed for Sale $1.388m
  • 28 Nov 2016
    Transferred

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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 8 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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Mark Di Giulio
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Raha Hossain
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Barry Plant - Doncaster East
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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.