33 Astley Street, Templestowe Lower VIC 3107
33 Astley Street, Templestowe Lower VIC 3107
33 Astley Street, Templestowe Lower VIC 3107 is a 4-bedroom, 2-bathroom, 2-car house on a 725 m² land parcel, with a listed asking range of $1,050,000–$1,150,000 and auction campaign details shown on the listing pages. The property was listed for sale as a house in Templestowe Lower, with auction noted in the listing context.
4-bedroom house on 725m² land | family-oriented suburb with bus reliance | substantial landholding | last sold 2011 | key value in land
This property is a 4-bedroom house situated on a 725-square-metre parcel, which is competitively strong in Templestowe Lower where family-sized blocks are considered sought after. The land size itself is regarded as a key advantage, offering significant potential for future use or extension. This house is best suited to family buyers looking for space and a substantial landholding in an established suburban setting, where steady interest from owner-occupiers is found. The land component is what anchors the property’s value, while the family-friendly orientation aligns well with the suburb’s housing profile, though the lack of rail transport is a constraint that may narrow the buyer pool to those comfortable with car dependency.
The absence of verified internal finishes and building age may require buyers to factor in possible renovation costs when forming a view on price. The bus-dependent location might also influence long-term demand, particularly for households prioritising public transport access. However, the substantial landholding in an established area could support value retention over time, provided the property’s condition is sound. These factors should be weighed carefully when considering the price.
Detailed Independent Property Report prepared by PropCred Analyst team for 33 Astley Street, Templestowe Lower VIC 3107
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Templestowe Lower is an established, family-oriented suburb with a professional demographic, underpinning stable demand for its premium housing. This owner-occupier base drives a consistent market, though recent conditions show a divergence between resilient house prices and softer unit performance, with extended selling periods for some properties. Future prospects are supported by its established character and quality education appeal, yet the market exhibits sensitivity to broader economic conditions, with sales activity showing some recent moderation.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
725m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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