4/1 Merri St, Templestowe Lower is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 229m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Quiet on the outside and character-filled within, this comfortable villa unit nestled in a block of only 5, has been refurbished to reflect effortless modern living in leafy Templestowe Lower. Ideal for owner-occupiers and smart investors alike, it boasts generous proportions, quality finishes and a glorious north aspect. Discerning buyers will enjoy the quiet yet ultra-convenient address, strolling distance to local shops, bus transport and beautiful Yarra parkland.
At the heart of the home is a spacious kitchen, living, dining zone that flows to a sunny low maintenance courtyard. An immaculate kitchen includes an abundance of storage, stainless steel gas fixtures and a matching splash back. Positioned together are three large bedrooms all with built-in robes and ensuite to the master, and a bright central bathroom serves the others with a shower-over-bath, mirrored vanity and WC, while a separate large laundry is located just off the dining room.
Hardwood flooring and ducted heating feature throughout, with split system A/C to the spacious main lounge for comfort no matter the season.
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 6,463 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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