31 Hawtin Street, Templestowe VIC 3106

31 Hawtin Street, Templestowe VIC 3106
4 bed, 3 bath, pool, 740mΒ² land | Templestowe Park Primary zone | Auction positioned above recent comparable sales. This house presents a competitively strong offering for a family buyer, combining a four-bedroom, three-bathroom configuration with a pool on a level 740-square-metre block, a combination that is rare in this specific pocket of Templestowe. Its zoning for the sought-after Templestowe Park Primary School, coupled with the absence of bushfire or heritage overlays, creates a low-friction purchase for an owner-occupier seeking established amenity and convenience. The property is best suited to a buyer who values immediate functionality and space over new construction, as the building’s age and last update in 2019 records suggest a home requiring potential future capital investment rather than a turnkey renovation opportunity. The primary decision mechanism is its auction guide, which is positioned notably above recent street sales, introducing a clear pricing risk. Key comparables establish the market tension: a similar-sized four-bedroom house at 31 Hawtin Street sold for $1,493,000 in September 2025, while a larger-land property at 35 Hawtin Street is currently listed for up to $1.25m. The vendor’s $1.7m-$1.8m expectation demands a premium for the extra bathroom and pool, a premium that must be justified against the cost to modernize. The opportunity lies in securing a large, well-located family home if competition falters at auction; the commercial logic is to bid firmly to the mid-$1.6m range, anchoring on the most recent superior comparable, and to walk away beyond that point. Hold this property for long-term land value and livability, not for short-term appreciation, as the price paid will likely absorb near-term growth.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Templestowe is an established, family-oriented suburb characterised by high home ownership and a mature demographic. Demand is driven by families seeking detached homes within strong school catchments, while investors are drawn to the unit market for its relative yield. Recent price trends have been mixed, reflecting broader market sensitivity, with houses experiencing a longer sales period. Future growth is underpinned by its enduring appeal to owner-occupiers, though high entry prices and interest rate exposure present ongoing affordability constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

740mΒ²

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