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VIC › Templestowe Lower › Verene Ave

16 Verene Ave, Templestowe Lower VIC 3107

House

5

Bedrooms

3

Bathrooms

2

Car spaces

649 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 649 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Templestowe Lower (last 5 years) with land size: median $1,896/m² of land (n=56). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Templestowe Lower (last 5 years) with land size have a median of $1,896/m² of land (n=56). 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 →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 unknown20 Feb 2019
  2. Listedprice unknowncompleted5 Feb 2019
  3. Listedprice unknowncompleted5 Feb 2019

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Verene Ave →

Listing material

Listed by Woodards Manningham

Peaceful, Private and Primed for Family Living.

Closing Tuesday 5 March at 5.00

Taking in incredible views from its elevated and peaceful position, this brilliantly renovated home has been custom-built to accommodate the growing family across an intricate split-level floorplan.

Offering a spectacular vantage point, the home welcomes you in with private hedges, magnificent tiered gardens and winding paths before entering into a warming entrance foyer.

Read the full description

Polished wooden floorboards flow through a bright lounge and dining area, which enjoys the comfort of a wood fire heater and split-system air-conditioner, and makes the most of those views via a flawless north-facing feature window.

Updated with stainless steel appliances the kitchen forms the centre-piece of a conducive meals and family space, also including a walk-in pantry, appliance area, breakfast bar and plenty of storage.

From here, the choice is yours, outside to a secluded outdoor oasis or down the hallway where 3 bedrooms with robes are separated by a high-end bathroom with travertine tiling and a marble topped vanity.

The master bedroom on this level is a place to relax and rejuvenate, incorporating its own large en-suite and direct access to outdoor entertaining.

A magnificent addition, the top level has bedrooms with robes and a modern bathroom with twin vanity, all separated by a large living/lounge which again takes in the fantastic views.

Through a convenient downstairs study or home office option, a single door opens up to reveal a huge rumpus room which connects to a quiet under house workshop, the front gardens and the private backyard.

Encompassed by established hedging and abundant vegetable patches, multiple outdoor seating/entertaining areas are spread across a sprawling two-tiered rear yard.

Taking pride of place is a sensational entertaining deck - providing both covered and open seating areas to enjoy a barbecue or just sit and relax with a quiet cocktail.

In a home that has been loved by the current owners for many years, gas ducted heating, air-conditioning, water tanks, ceiling fans, a separate laundry with toilet, additional under house storage and a double garage are valued additions.

Boasting a quiet yet connected existence within walking distance to Templestowe College and St Kevins Primary School, with proximity to Macedon Plaza Shopping Village and Aquarena Aquatic Centre, and with great connection to Manningham and Doncaster roads, Westfield Shoppingtown, the Eastern Freeway and the Melbourne CBD.

Listing description written by Stasi Adgemis, Woodards Manningham — reproduced as published, not verified by Districts.

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.