254 Thompsons Road, Templestowe Lower VIC 3107

4-bed with enclosed balcony | elevated 67m | solar installed | below suburb median price This property presents a competitively priced entry into a tightly held Templestowe Lower streetscape, a positioning underscored by its sale price guide falling below the established suburb median. Its elevated land parcel and 654m² allotment provide a tangible sense of space and outlook, while the 42% building coverage indicates a balanced ratio of dwelling to garden area. The configuration, featuring separate living zones and flexible family spaces anchored by a double garage and carport, serves the established family buyer seeking a functional, updated home with solar infrastructure and reliable connectivity as supporting amenities. Its zoning for established local schools further cements its family appeal. The primary decision mechanism is the vendor’s apparent motivation, evidenced by the October 2025 purchase at $1,430,000 followed by a current listing guide commencing at $1,150,000. This creates a potential opportunity but necessitates rigorous due diligence on the property’s condition and the reasons for the rapid resale. The absence of planning overlays simplifies the buying calculus, while the auction format demands a disciplined bidding strategy anchored in the comparable sales data. With the Domain estimate centring near $1.28 million, a purchase within or below the guide range would represent a sound commercial position. Proceed with a strategic bid at auction, targeting a settlement within the lower half of the advertised range, as this property is best held as a long-term family home.