14 Rosebank Tce, Templestowe Lower is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2000. The property has a land size of 488m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in October 2009.
Successful developers know all too well that the winning formula for profitable development ... is choosing the RIGHT location!
So, take a look at this WIDE 40m frontage allotment spanning approx 886sqm and do your sums! Here are current PLANS AND PERMITS to remove the existing house and build TWO new homes, number 14 being 22.7 sq (approx) and number 16, 30.7 sq (approx) in one of the highest points in Lower Templestowe, each on its own title with street frontage.
Stylish new homes in this established quality location are very highly sought-after. Take advantage of this superb positioning with beautiful views, close to Bulleen Plaza, Westfield Shoppingtown, Macedon Square, bus services, schools and the freeway linking you to the CBD and south-eastern suburbs.
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 6,458 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 15.97% increase in median value, while Units have seen a 28.57% increase. As at 31 August 2024:
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