4 Paisley Close, Templestowe VIC 3106
4 Paisley Close, Templestowe VIC 3106
Large 1,156m² family allotment | premium school zone pocket | pool and spa | five-bedroom layout | high entry price
A rare 1,156 square metre allotment is combined with a five-bedroom layout and a resort-style pool and spa, creating a competitive edge in the current market. The property is positioned within a quiet cul-de-sac, which is considered a desirable setting for family occupation. Its appeal is primarily directed toward established local families who are seeking school-zone accommodation and generous outdoor space. The large landholding is expected to provide future flexibility for extension or reconfiguration, though the existing house is already suited to immediate family living.
Value might be materially affected by the condition and quality of the existing finishes, not fully disclosed in the available marketing. Future flexibility for extension or alteration is possibly provided by the substantial land size, subject to local planning provisions. Market competition for premium family homes in this pocket might also be seen as a moderating influence on price, given the high entry cost.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Paisley Close, Templestowe VIC 3106
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Templestowe sits in Melbourne’s Manningham East as a family-dominated market: most residents are outright owners of detached houses, with a notable older cohort. Strong school catchments and family-oriented living drive demand; investors target units for gross yields near 4%. Recent house medians cluster around $1.6m ($1.564m–$1.719m), with annual growth between -7.1% and +7%, indicating softening despite intermittent gains. Unit medians sit near $912,500, with growth flat to slightly negative. Houses average 41–54 days on market; annual sales volume is roughly 196–218. Future growth relies on family appeal and proximity to Melbourne’s infrastructure, but high entry prices constrain affordability, and rate sensitivity has triggered negative cycles.
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PropCred Estimated Value
Comparable Sales: 5 Paisley Close, Templestowe $2.23M | Property Price Band: $2.1M–$2.2M | Value Drivers: land size, pool/spa, school zoning
Bedrooms
5
Bathroom
2
Parking
2
Land
1156m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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