Embark on the creation of your dream home at 2 Balsam Street, Templestowe Lower, where a blank canvas awaits your vision. Nestled on a newly subdivided block, this property sits discreetly at the corner of Balsam Street and Magnolia Drive, ready to accommodate a bespoke, modern 4-bedroom, 4-bathroom residence. Every bedroom boasts its own ensuite, with a convenient guest suite located on the ground level. The architectural plans include a spacious kitchen with a walk-in pantry, an inviting open-plan living and dining area, an alfresco deck, and an upper level featuring a retreat or second living space.
Seize this rare opportunity to secure one of the final parcels of land in this coveted enclave of Templestowe Lower, prized for its proximity to essential amenities. Enjoy easy access to shopping, dining, and entertainment options at Macedon Square, Westfield Doncaster, and Templestowe Village's vibrant cafes and restaurants. Just steps away from Aquarena, indulge in premium leisure and fitness facilities, including indoor and outdoor pools. Surround yourself with lush parklands and scenic walking trails leading to Ruffey Lake Park, while also benefiting from convenient access to medical services and public transportation, including direct city buses.
Education options abound with zoning for Templestowe College and Templestowe Heights Primary, as well as proximity to esteemed private schools. Embrace the opportunity to build a spacious family home with minimal upkeep, perfectly suited to the demands of modern living.
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:
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