SOLD
Sold on 21 May 2024 for $1,700,000

50 Caroline Drive
Templestowe Lower VIC 3107

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 328m2
Land area: 725m2
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Property Details for 50 Caroline Dr, Templestowe Lower

50 Caroline Dr, Templestowe Lower is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 725m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Templestowe Lower in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
328m2
Land Size
725m2
Local Government
Manningham
Lot/Plan
227/LP56828

Last Listing description (June 2023)

Upgrade your lifestyle in a location offering walking distance access to Twin Hills Pre-School and Templestowe Heights Primary School and within minutes of Macedon Square shops, bus services, Finns Reserve and the Eastern Freeway. This pristine two-storey, five-bedroom family residence, fulfils every living requirement with its radiant North-facing living areas, sweeping views, abundant storage, outstanding condition and seamless access to amenities.
Features:
- Four of the five bedrooms are zoned in privacy on the main level (fifth

bedroom zoned downstairs) along with a quiet study, and with three excellent
bathrooms
- Three spacious living zones caters for a practical family lifestyle, with formal
and informal areas guaranteeing a space and place for every family member
and occasion
- Large windows filter natural light into the sun-kissed formal lounge, which
combines with the adjacent sitting room with study nook
- Venture out onto the balcony and savour the view in all its glory whilst
watching the kids run around the enclosed manicured front yard
- First-class kitchen, which delights with its fantastic storage options, 900mm
ILVE stainless steel cooker and integration with the casual meals and family
living
- Venture downstairs and the wow factor continues where a vast theatre room
with projector, screen and wiring for surround sound is ready to play your
extensive movie collection
- Evaporative cooling, gas ducted heating and split-system heating/cooling
keep comfort levels perfect inside, while cooling down in the enclosed in-
ground swimming pool in the private backyard is hard to beat come summer!
- Boasting a dedicated BBQ area and poolside dining zone for summertime get-
togethers, loads of storage, concreted cellar, large laundry and secure off-
street parking

Property History for 50 Caroline Dr, Templestowe Lower, VIC 3107

A timeline of how this property has performed in the market
Last Sold
$1,700,000
21 May 2024
Listed for Rent
$780/w
29 Jun 2023
  • 21 May 2024
    Sold for $1,700,000
  • 20 Jun 2023
    Listed for Rent $780 / week
  • 01 Apr 2021
    Transferred
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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, 304 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.