Templestowe Lower at a glance
14,508
People
$1,373,000
Median sale
$633/wk
Median rent
2.40%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
VIC › Templestowe Lower › Mayfair Ave
$995,000–$1,090,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$995,000–$1,090,000
Asking range
No recorded sale for this property.
Templestowe Lower at a glance
14,508
People
$1,373,000
Median sale
$633/wk
Median rent
2.40%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Vs Templestowe Lower
-27.5%
Median sale
Suburb $1,373,000
+0.91 pp
Gross yield
Suburb 2.40%
Suburb median $1,373,000 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$60,858 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Templestowe Lower's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $633/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Templestowe Lower at a glance
14,508
People
$1,373,000
Median sale
$633/wk
Median rent
2.40%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RS Real Estate & CoThis beautifully renovated 3-bedroom, 2-bathroom residence offers an exceptional blend of modern comfort, spacious living, and elevated street appeal in one of Melbourne's most sought-after family suburbs.
Boasting tall ceilings, abundant natural light, and rich timber floors throughout, the home delivers a warm and inviting atmosphere from the moment you enter. The open plan living areas flow seamlessly into multiple living zones, perfect for family gatherings or relaxed entertaining.
A highlight is the original functional fireplace, adding a touch of country timeless charm and cosy comfort during cooler months. The modern renovated kitchen is a standout, featuring stone benches, quality appliances, a gas cooktop, and generous storage. It opens directly via sliding doors to a private, versatile alfresco courtyard, ideal for outdoor dining, gardening, or simply unwinding. Additional sliding doors from the rear bedroom enhance the indoor-outdoor connection.
The three bedrooms all include built-in robes, with the master featuring its own ensuite. Two bathrooms in total provide convenience for families or guests. A wrap around balcony, downlights throughout, ducted heating and cooling, plus ceiling fans in every room ensure year-round comfort.
Further highlights include a secure double garage, alarm system, rainwater harvesting system (perfect for the landscaped gardens), and thoughtful updates that make this home move in ready.
Situated in a quiet, elevated position, this property enjoys easy access to excellent local facilities that enhance everyday living:
• Parks & Recreation: Close to beautiful green spaces including Westerfolds Park (over 120 hectares of parkland along the Yarra River with trails for walking and cycling), Finns Reserve, Wombat Bend, and Birrarung Park, perfect for active families and nature lovers.
• Shopping & Convenience: Minutes to Macedon Square for local shops and cafes, with The Pines Shopping Centre and Westfield Doncaster offering major retail, supermarkets, dining, and entertainment options nearby.
• Education: Well-positioned for quality schooling, including St Kevin's Primary School, Templestowe Heights Primary School, Templestowe Valley Primary School, and innovative Templestowe College. Highly regarded options like Serpell Primary are also easily accessible.
This renovated home in a leafy, family-oriented pocket of Templestowe Lower combines style, functionality, and lifestyle, an outstanding opportunity for those seeking quality and convenience in a premium location.
I acknowledge that the advertisement provides information as a guide only. RS Real Estate & Co does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floorplans are to scale and created based on the photographers' best knowledge.
Listing description written by Vincent Curcio, RS Real Estate & Co — reproduced as published, not verified by Districts.