235 High Street, Templestowe Lower VIC 3107

4 bed family home | 661sqm block | Templestowe Lower | strong owner-occupier street This property sits on a genuinely useful 661sqm block in a street where 75% of neighbours own their homes, which signals long-term stability and limited turnover. The 4-bedroom configuration and proximity to Templestowe Heights Primary and Templestowe College make it a natural fit for families seeking established catchment access. The land size offers renovation or extension potential that smaller townhouse comparables on the same street cannot match, and that gives a buyer negotiating leverage if the dwelling needs work. The main risk is that the house itself may be dated or basic, since the price range sits below the suburb median for 4-bedroom houses. That means any buyer should budget for cosmetic or structural updates, and factor holding costs through auction day. The opportunity is in the land-to-price ratio, which is rare in this part of Templestowe Lower. A buyer who can renovate or hold for the medium term should treat this as a land play with a functional house attached, not a turnkey family home.