OFF MARKET

40 Ironbark Drive
Templestowe Lower VIC 3107

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Floor area: 320m2
Land area: 672m2
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Property Details for 40 Ironbark Dr, Templestowe Lower

40 Ironbark Dr, Templestowe Lower is a 6 bedroom, 4 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 672m2 and floor size of 320m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Year Built
1990
Floor Size
320m2
Land Size
672m2
Local Government
Manningham
Lot/Plan
25/LP79334

Last Listing description (September 2016)

Family home or highly profitable investment? With a truly unique floorplan, this superb home offers endless possibilities and flexible living options, perfect for large, extended or multi-generational families.
For the astute investor this highly desirable investment opportunity could be leased as either a single residence or on a room-by-room basis; attracting short or long term tenants, Air B&B clients, international students, corporate executives and sporting teams.

You could also explore the option to utilise the substantial home as a rooming house or B&B.
An imposing cathedral ceiling floods the lounge room with light, complemented by a wet bar for easy entertaining. A central well presented timber kitchen equipped with quality appliances is overseen by a relaxed living and meals area and private study.
There are five generously proportioned bedrooms, the master with spotless ensuite, huge walk-in robe and access to the covered pergola, plus a centrally located main bathroom.
Offering a wonderful opportunity to derive additional income, there is a fully self-contained two bedroom unit plus a spotless one bedroom studio apartment with ensuite and kitchen on the upper level. Both have separate entrances and undercover secure parking.
A communal in-ground solar heated pool surrounded by palm trees sets the scene for a relaxed tropical spot to unwind or entertain.
Highlights include rich polished floorboards, ducted heating, water tank, cubby, storage shed and double remote controlled garage.
Enjoy the coveted location, within walking distance to Macedon Square, Aquarena Leisure Centre, handy to Eastern Golf Club, Ruffey Lake Park, Westfield Doncaster, Templestowe Heights Primary and Templestowe College.

Property History for 40 Ironbark Dr, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$1,250,000
13 Aug 2016
  • 13 Aug 2016
    Sold for $1,250,000
  • 06 May 2016
    Listed for Sale Asking Price $1.298m
  • 09 May 1996
    Sold for $110,000
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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 6,458 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:

  • The median value for Houses in Templestowe Lower is $1,353,020 while the median value for Units is $966,357.
  • Houses have a median rent of $715 while Units have a median rent of $670.
There are currently 37 properties listed for sale, and 9 properties listed for rent in Templestowe lower on OnTheHouse. According to CoreLogic's data, 306 properties were sold in the past 12 months in Templestowe lower.

Suburb Insights for Templestowe Lower 3107

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.