Off Market $2,300,000 - $2,450,000 - House
A grand, light-filled family holding offering scale, land, and long-term potential within a tightly held cul-de-sac setting.
Property Details
Asking Price: $2,300,000 – $2,450,000
Off Market (26 Feb 2026)
Configuration: 5 bedrooms, 2 bathrooms, 2 car spaces
Land Size: 4,001 sqm (approx.)
Set on an expansive 4,001 sqm corner allotment within a quiet Templestowe cul-de-sac, this substantial family residence presents as a classic lifestyle holding defined by land, light, and long-term potential rather than contemporary refinement. Its appeal lies in scale and flexibility, offering buyers a rare opportunity to secure a large parcel in a tightly held pocket at a comparatively accessible price point.
The home itself is solid, bright, and liveable, though clearly positioned as a value-driven option rather than a turnkey lifestyle estate. With generous lawns, multiple living zones, and scope for meaningful enhancement, it will resonate most with buyers prepared to trade polish and immediate inclusions for space, privacy potential, and future upside.
Design & Liveability Commentary
Street Presence
Arrival is marked by a grand porte-cochère and U-shaped driveway, creating a strong sense of presence and ease of access. The clean, white façade reads bright and timeless, complemented by expansive lawns across the corner block. While trees and landscaping soften the setting, they do little to create genuine privacy, and the see-through rear fencing further exposes the yard. An additional driveway to the rear enhances off-street parking flexibility.
Floorplan Logic
The floorplan is broadly functional, with clear separation between living and accommodation wings. Numerous living rooms are distributed throughout the home, allowing flexibility for large families or multi-zone use. The master bedroom, however, falls short of expectations for the price point, lacking a walk-in robe and offering a smaller-than-ideal ensuite. While flow is reasonable, the layout could be refined to improve efficiency and everyday functionality.
Light and Orientation
A north-facing rear aspect is a clear strength, allowing strong natural light to fill the main living zones throughout the day. Limited mature foliage across the block means minimal light obstruction, reinforcing the home’s bright, clean internal feel. Large windows assist further, though some closed-off areas within the home restrict the home from achieving its full light-flow potential.
Features
The home offers a solid suite of practical features. A large kitchen with granite benchtops anchors the main living area, supported by gas ducted heating, split-system heating and cooling, a full-sized laundry, quality window coverings, and approximately 20 solar panels (5kW). A separate lower-level living space, accessed externally, adds flexibility, while extensive off-street parking caters well to larger households.
Indoor–Outdoor Connection
Outdoor living extends directly from the main living zone, opening to a large, largely flat backyard well suited to informal family use. The grounds provide ample scope for a future pool, tennis court, or basketball court, though the elevated position of the home limits seamless indoor–outdoor flow. Landscaping remains underdeveloped and would benefit from investment to enhance privacy and better frame the home.
Build Quality
The home is solid and well-proportioned, with a timeless exterior form. Externally, sections of fascia show visible wear and would benefit from attention. Internally, the presentation is clean and liveable, though buyers should budget for updates to the kitchen, bathrooms, flooring, and landscaping to bring the property in line with contemporary expectations.
Location & Lifestyle Context
The property enjoys proximity to local bus services with rail connections, a range of well-regarded schools including Templestowe Park Primary and Warrandyte High (zoned), and key shopping precincts such as The Pines Shopping Centre and Westfield Doncaster. Lifestyle appeal is further enhanced by nearby green spaces including Tikalara Park, Westerfolds Park, and Fitzsimons Reserve, all offering extensive walking trails and access to the Yarra River corridor.
Property History
- 6 February 2004: Sold for $730,000
- 18 August 1993: Sold for $145,000
- 24 October 1990: Sold for $195,000
- 1 June 1989: Sold for $211,000
Related Properties (Market Context)
| Address | Sale Price | Commentary |
| 236–238 Porter Street, Templestowe | Approx. $2.21m | Busier location but more pristine presentation, pool included, and no powerline influence. Smaller overall landholding but stronger turnkey appeal. |
| 4 Pine Valley Way, Templestowe | $2.425m | Superior lifestyle offering with pool, flatter block, and larger footprint. Less attractive façade but materially stronger overall proposition. |
Comparables selected based on land size, buyer profile, and lifestyle positioning rather than façade appeal alone.
Strengths & Weaknesses
Strengths
- Expansive 4,001 sqm allotment in a quiet cul-de-sac
- Grand façade with porte-cochère
- Light-filled interiors with strong northern orientation
- Large, largely flat backyard offering future potential
- Extensive off-street parking
- Multiple living zones supporting large families
- Blank-canvas grounds for lifestyle upgrades
Weaknesses
- Proximity to powerlines materially impacts buyer appeal
- Floorplan lacks refinement relative to price
- Master suite underwhelms for a lifestyle offering
- No existing pool or tennis court
- Home requires modernisation to remain competitive
- Limited privacy due to landscaping and fencing
- One bedroom lacks robe storage
- Bushfire Prone Area Overlay
Eastern Suburbs Listings Value Estimate
Estimated Range: $2,000,000 – $2,200,000
Confidence: High
Final Opinion
This property represents a value-driven lifestyle opportunity rather than a finished estate. Its strength lies in land, light, and location, offset by functional compromises, infrastructure constraints, and the absence of high-end lifestyle inclusions. Buyers prepared to accept powerline influence and invest in upgrades may find genuine long-term value here, particularly relative to more expensive offerings in superior pockets.
At this level, the home is priced to reflect its drawbacks while offering meaningful land value and future potential. Continued supply of similarly compromised properties could apply downward pressure, while stronger pricing in more premium pockets may reinforce its appeal as a relative value proposition.
Disclaimer
All content on Eastern Suburbs Listings is for informational purposes only and does not constitute financial, legal, or investment advice. Information may be inaccurate or out of date. Always seek independent professional advice before making property decisions.
