14 Lauri Ann Street, Templestowe Lower VIC 3107
14 Lauri Ann Street, Templestowe Lower VIC 3107
4-bed family house on 781m² | built 1970 | strong land component in family suburb | school-zoned appeal | listed below 2023 sale price
This property holds a genuine competitive edge through its land size and configuration. At 781m² with four bedrooms, two bathrooms, and a study, it offers the classic detached family layout that remains consistently sought after in Templestowe Lower. The circa-1970 build places it within the suburb’s established housing stock, where buyers typically expect either renovated comfort or redevelopment potential. Its zoning for Templestowe Heights Primary School and Templestowe College strengthens appeal for families prioritising a continuous public school pathway. The property serves upgraders and school-catchment buyers best, particularly those wanting space, storage, and private outdoor areas without moving to a newer, smaller block.
Price expectations may be shaped by several factors. The reported floor area varies between 214m² and 275m² depending on the source, so a physical inspection should clarify usable space. The 2023 sale at $1.5M followed by a 2026 listing around $1.3M–$1.4M suggests market softening or condition-related adjustment. The absence of detected flood, bushfire, or heritage overlays reduces regulatory risk, while the double carport and additional off-street parking add practical functionality. Buyers should weigh renovation costs against the land value, as the older finishes may require updating to match contemporary expectations. Rental estimates around $900–$965 per week indicate solid income potential if leasing is considered.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Lauri Ann Street, Templestowe Lower VIC 3107
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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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
Comparable Sales: 20 Ranleigh Rise sold $1.3M–$1.4M, 50 Bryson Grove sold $1.15M–$1.25M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, school zone, renovation potential
Bedrooms
4
Bathroom
2
Parking
2
Land
781m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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