39 King Street, Templestowe VIC 3106
39 King Street, Templestowe VIC 3106
6 bed | 806m² | renovation-ready | family landhold
This property is competitively strong because it offers a rare combination of generous land area and high bedroom count in a suburb where most family homes settle around four bedrooms. The 806 square metre allotment is materially larger than many suburban parcels, and the six-bedroom configuration gives it genuine multigenerational or flexible-use potential. The listing copy signals solid bones and renovation potential, which suggests the dwelling is older but structurally sound, meaning a buyer can add value through modernisation rather than demolition. Templestowe is known for larger detached homes on substantial lots, so this property fits the established low-density character well. It serves best a family upgrader or long-term owner-occupier who wants space to grow into, or a buyer willing to renovate over time and build equity through improvements.
Several factors may materially affect the value or sale price of this house. The absence of verified premium finishes or a recent rebuild means the price will be driven primarily by land value and location rather than dwelling condition. The renovation potential is an opportunity but also a cost that a buyer should quantify before forming a view on price. Council attention to crossover arrangements on King Street suggests some regulatory scrutiny of access, which may affect future plans for the property. The older housing age and uncertain finish level mean the purchase price should reflect the need for capital expenditure, but the large land component provides flexibility for extension or reconfiguration over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 39 King Street, Templestowe VIC 3106
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
6
Bathroom
2
Parking
2
Land
806m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!