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VIC › Templestowe Lower › Macedon Rd

117 Macedon Rd, Templestowe Lower VIC 3107

House

$1,612,340

Last sold

26 July 2024

4

Bedrooms

1

Bathrooms

2

Car spaces

908 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,612,340 (26 July 2024).(Recorded sale)
  • FactLand 908 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Templestowe Lower (last 5 years) with land size: median $1,907/m² of land (n=55). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,612,340

26 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Templestowe Lower (last 5 years) with land size have a median of $1,907/m² of land (n=55). Districts calculation from recorded sales — not a valuation.

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.

See the full Templestowe Lower report →

Vs Templestowe Lower

+17.4%

Median sale

Suburb $1,373,000

-0.36 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.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Manningham

Manningham, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 457702291

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown17 June 2026
  2. Listedprice unknowncompleted31 Mar 2026
  3. Listedprice unknowncompleted31 Mar 2026
  4. Sold$1,612,34026 July 2024
  5. Listedprice unknowncompleted11 June 2024
  6. Listedprice unknowncompleted11 June 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 302 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 302 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Templestowe Lower in one glance

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.

See the full Templestowe Lower report →

Keep researching

  • Why Templestowe Lower? Read the area thesis →
  • What else is on the market in Templestowe Lower →
  • Other records on Macedon Rd →

Listing material

Listed by Morrison Kleeman Estate Agents Eltham Greensborough Doreen

Contemporary Living In A Premier Family Position

SOLD By Morrison Kleeman - Showcasing a refined sense of modern luxury and effortless living, this brand new executive residence presents an outstanding opportunity to secure a home of exceptional quality. Crafted with meticulous attention to detail, it is perfectly positioned within a family-oriented neighbourhood, just moments from parklands, leading schools and convenient bus links to Westfield Doncaster, Box Hill and the CBD.

A striking entrance welcomes you with a pivot door and soaring light-filled void, setting the tone for the home’s contemporary elegance. The interiors are bathed in natural light, featuring soaring ceilings up to 3.2m, expansive glazing, and elegant engineered European Oak flooring throughout. The main living and dining area is bright and open, complemented by a gas log fireplace along one wall, creating a warm and stylish feature while maintaining the space’s open flow.

At centre stage, the gourmet kitchen impresses with a striking waterfall island, premium Miele appliances including 2x electric oven, gas cooktop and dishwasher, complemented by sleek stone benchtops and a stylish KitKat tiled splashback. The kitchen seamlessly flows through to a well-appointed laundry and butler’s pantry zone, offering excellent storage and practicality. The remote garage is conveniently located near the entrance, providing internal access and direct entry to the backyard.

Read the full description

Designed for year-round entertaining, expansive stacker doors extend the living space outdoors to a private, low-maintenance garden and a decked alfresco area perfect for entertaining or relaxing in the sun.

Accommodation is both generous and flexible, with four bedrooms and three bathrooms. A ground floor guest suite or second master includes a built-in robe and a fully tiled ensuite featuring premium finishes, rainfall and handheld shower, and in-wall cistern WC. Upstairs, a second living retreat enhances family comfort, alongside a luxurious main master with walk-in robe and elegant ensuite with dual vanity, rainfall shower and heated towel rail. Two additional bedrooms with built-in robes are serviced by a central bathroom, complete with a freestanding bath and sophisticated finishes.

Further highlights of this impressive 6-star energy rated home include zoned refrigerated heating and cooling with individual room control, plush loop pile carpet, brushed nickel fixtures, extensive linen storage, NBN connectivity, fluted glass accents and custom stainless steel balustrades. A 4,000L water tank adds further efficiency.

Set on its own title with a private exposed aggregate driveway, the home is ideally located within walking distance to Twin Hills Preschool, Templestowe Heights Primary, St Kevin’s Primary and Templestowe College, with easy access to Marcellin College. Enjoy close proximity to Macedon Plaza, Templestowe Village, local cafés and dining, along with recreational amenities including Ted Ajani Reserve, Wombat Bend Playground and scenic Yarra River trails stretching from Finns Reserve to Westerfolds Park. Also nearby are Aquarena and the Heide Museum of Modern Art, with excellent freeway and airport access.

One of only three in an exclusive boutique development, each with its own street presence and access, this stunning home is ready to welcome its very first family.

**PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS**

Listing description written by Malcolm Perkins, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Living Areas: 1
  • Remote Garage
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.