8/411 Church Road, Templestowe VIC 3106
8/411 Church Road, Templestowe VIC 3106
3 bed unit | 2 car on 257m² | Low-maintenance with family scope | Templestowe Village edge | Established low-rise setting
This unit holds a practical edge in a suburb where detached houses dominate the market. The three-bedroom, two-bathroom layout with two car spaces offers genuine family functionality rather than a compromise apartment feel, and the 257m² lot provides outdoor space many units lack. It sits in a quiet, low-rise stretch of Church Road, close to Templestowe Village and within the catchment for Templestowe Park Primary and Templestowe College, which makes it particularly suited to downsizers wanting room for visitors or young families seeking school access without the upkeep of a house. The single-level format, if consistent with the complex, adds appeal for older buyers prioritising accessibility.
The property’s value may hinge on its renovation level and internal presentation, since the available data does not confirm the condition of finishes. A recently updated interior with modern fixtures could lift its position meaningfully, while an outdated fitout might require a buyer to budget for improvements. The unit format typically tracks below detached houses in this suburb on capital growth, so the price should reflect that lower land component. The absence of any flood, bushfire, or heritage overlays reduces risk, and the HFC NBN connection supports modern living needs.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/411 Church Road, Templestowe VIC 3106
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Templestowe sits in Melbourne’s Manningham East as a family-dominated market: most residents are outright owners of detached houses, with a notable older cohort. Strong school catchments and family-oriented living drive demand; investors target units for gross yields near 4%. Recent house medians cluster around $1.6m ($1.564m–$1.719m), with annual growth between -7.1% and +7%, indicating softening despite intermittent gains. Unit medians sit near $912,500, with growth flat to slightly negative. Houses average 41–54 days on market; annual sales volume is roughly 196–218. Future growth relies on family appeal and proximity to Melbourne’s infrastructure, but high entry prices constrain affordability, and rate sensitivity has triggered negative cycles.
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PropCred Estimated Value
Comparable Sales: similar three-bedroom units in Templestowe have transacted around $750K–$850K | Property Price Band: $750K–$850K | Value Drivers: renovation level, single-level layout, proximity to village and schools
Bedrooms
3
Bathroom
2
Parking
1
Land
250m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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