1/382 High Street, Templestowe Lower VIC 3107

Listed-to-leased spread risk | strata title constraints | balcony overlooking neighbours | complex covenant unknowns | buyer competition from fixed-date campaign The pre-sale window and set-date format limit your ability to negotiate off the plan or inspect structural documents before committing. A 211sqm block in a gated complex means shared maintenance liabilities and little scope for extension or subdivision. Without strata fees or sinking fund statements, you carry unknown future cost risk. The 2021 purchase at $705,000 signals a roughly 40% uplift in four years, but if comparable townhouse sales in the immediate complex remain below $950,000, you may overpay for positioning. Pass unless you secure a vendor-occupied strata report and council rates summary before bidding. What distinguishes this property is its dual-storey layout on a manageable block in a sought-after school catchment, the timber flooring and Bosch kitchen offer more finish for the price bracket. It suits a downsizer or small family wanting lock-and-leave access with no immediate renovation pressure. The set-date sale removes auction anxiety but demands you model your walk-away number beforehand. Your next step is to request a full section 32 disclosure and a strata meeting agenda to verify sinking fund health—without those, any binding offer is premature.