SOLD
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Sold on 13 Nov 2024 for $1,131,800

12 Melaleuca Avenue
Templestowe Lower VIC 3107

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 651m2
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Property Details for 12 Melaleuca Ave, Templestowe Lower

12 Melaleuca Ave, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 651m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Templestowe Lower in the last 12 months.

Building Type
House
Land Size
651m2
Local Government
Manningham
Lot/Plan
6/LP79335

Last Listing description (October 2024)

On a completely flat rectangle allotment, this brick veneer home sits on a DD08 GRZ 2 block of great potential. Only minutes to a host of popular shopping centres, eateries, medical facilities, parkland and public transport.

The home has been neatly maintained with a large living and dining room with glass doors to zone it from a separate wing of three bedrooms with BIRs, and central family bathroom, plus a laundry with access to the WC.

The kitchen with electric cooktop offers a servery to the dining area and adjoins a family room. Entertain with a rear covered area overlooking the grassed block with no significant trees to remove for future projects. The home offers prospective timber floors, gas ducted heating, a single carport, 2 spaces on the driveway plus a garden shed.

The choice is there to rent the home out while plans and permits are obtained with vast potential for a multi-level/home build, or brand new home site on the 651m2 allotment. Stroll to Macedon Square and within minutes of both Bulleen Plaza, Westfield Doncaster and a selection of great shopping and dining. Templestowe College, Templestowe Heights Primary and Marcellin offer great local schooling options. Timber Ridge Reserve is just around the corner and close to Ruffey Lake Park's state of the art play and exercise facilities. The Koonung Creek Trail offers cycling routes to the city and suburbs, and Park n' Ride services are all in close reach. Great access to the Eastern Freeway.

Get ready to build in 2025. Inspections welcome!

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

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Property History for 12 Melaleuca Ave, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$1,131,800
13 Nov 2024
  • 13 Nov 2024
    Sold for $1,131,800
  • 21 Oct 2024
    Listed for Sale $1,000,000 - $1,100,000
  • 03 Feb 1976
    Sold for $37,350

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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 6,466 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 48 properties listed for sale, and 11 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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Jellis Craig - Doncaster
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