16 Jeffrey StreetTemplestowe Lower VIC 3107
Property Details for 16 Jeffrey St, Templestowe Lower
16 Jeffrey St, Templestowe Lower is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 726m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (November 2016)
A sizeable 725sqm (approx.) allotment positioned on the high side of the road is home to a magnificent opportunity that lends itself to a host of options for the astute buyer with a taste for value and an eye for success.
Stylishly presented with beautiful polished timber floors, high ceilings above, loads of light, a warm contemporary scheme, generous living areas, zoned bedrooms of good proportions and stainless steel oven in the well-appointed kitchen, rest easy in the knowledge that you could move straight in and live comfortably here for years to come. You could also capitalise on its excellent access to the Eastern Freeway, schools, Finns Reserve, bus services, Bulleen Plaza and Macedon Square by leasing the property for an attractive return whilst watching the equity in the property grow.
Occupying such a large allotment with the potential of views, however, presents a tantalising development opportunity (STCA), whether that includes the construction of multiple dwellings or a brand new home in a first-class setting.
Property History for 16 Jeffrey St, Templestowe Lower, VIC 3107
- 22 Nov 2015Sold for $945,000
- 26 Aug 2015Listed for Sale $790,000 - $870,000
- 13 Aug 2004Sold for $335,000
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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 6,465 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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