15 Fyfe DriveTemplestowe Lower VIC 3107
Property Details for 15 Fyfe Dr, Templestowe Lower
15 Fyfe Dr, Templestowe Lower is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 664m2 and floor size of 249m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
Last Listing description (October 2024)
Set on a prime corner block in a quiet court of Templestowe Lower, this property presents an exceptional development opportunity, with approved plans and permits for two brand-new homes. Perfect for developers or investors, the groundwork is already in place for a dual-home project, offering a head start on your next venture.
Currently, the spacious family home offers immediate comfort with potential for enhancement. The heart of the home is a recently renovated Smith & Smith kitchen featuring stainless steel appliances, a gas cooktop, and a double sink, flowing into formal lounge and dining areas. Four bedrooms, including a master suite with stunning views of the Dandenongs, offers ample living space.
The large garage, complete with a double lock-up garage (DLUG) and a 1.5-car remote garage, provides flexibility for tradespeople or hobbyists, and an adjoining bathroom adds convenience. The outdoor alfresco dining area and undercover patio provide perfect spaces for year-round entertaining.
Beyond the home's immediate appeal, the property's true value lies in its development potential. With endorsed plans and permits for two new residences, the future possibilities are wide open.
The location further enhances the appeal, with close proximity to Ruffey Lake Park, Macedon Square, Westfield Doncaster, schools, public transport, and freeway access. This is a rare opportunity to secure a property with both immediate liveability and future development potential in one of Templestowe Lower's most sought-after areas.
Property History for 15 Fyfe Dr, Templestowe Lower, VIC 3107
- 25 Sep 2024Listed for Sale $1,300,000
- 11 Dec 2014Sold for $971,000
- 18 Nov 2014Listed for Sale Price on Application
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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 6,461 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.
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