14 Alexander Cres, Templestowe Lower VIC 3107

14 Alexander Cres, Templestowe Lower | fully renovated luxury on 817sqm | five bedrooms with three ensuites | strong owner-occupied street | premium school catchment This property offers a rare combination of scale and finish in a street with zero rental stock and 73% long-term residents, which signals low turnover and high owner commitment. The floorplan works for multigenerational households or families needing a dedicated study and downstairs suite, while the VZUG kitchen and European Oak flooring set a standard that typically commands a premium at auction. The buyer best positioned is one seeking a long-term family home in Templestowe Valley Primary catchment with no compromises on configuration. The main risk is price expectation given the 2021 purchase of $1.35M and the current guide implying substantial renovation costs have been fully capitalised. Buyers should verify comparable sales from the Q1 2026 SOI period rather than rely on outdated median figures. The 68-day average days on market in the suburb suggests patience is possible, but the 26 May tender deadline creates time pressure. This property should be held as a principal residence where the school access and street quality underpin long-term value retention.