Templestowe at a glance
17,464
People
$1,533,000
Median sale
$709/wk
Median rent
2.40%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
VIC › Templestowe › Serpells Rd
$1,870,000
Last sold
28 Mar 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
608 m²
Land
Districts View
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
Last sold
$1,870,000
28 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Templestowe (last 5 years) with land size have a median of $2,046/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Templestowe at a glance
17,464
People
$1,533,000
Median sale
$709/wk
Median rent
2.40%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Templestowe
+22.0%
Median sale
Suburb $1,533,000
-0.43 pp
Gross yield
Suburb 2.40%
Suburb median $1,533,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 3
GRZ3
Jurisdiction
Manningham
Manningham, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 3 · GRZ3 (ZN). Official parcel area about 609 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.
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
No advertised rent is recorded. Suburb median rent $709/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.
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 3 · GRZ3 (ZN). Official parcel area about 609 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
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?
KnownmediumOfficial parcel about 609 m² — land size can look like optionality. 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 at a glance
17,464
People
$1,533,000
Median sale
$709/wk
Median rent
2.40%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards ManninghamSOLD BY WOODARDS MANNINGHAM!!! - There are homes that look impressive on inspection day and 239 Serpells Road is certainly that. And then there are homes you need to live in to appreciate the finer things it offers that you can’t immediately see. Walking through the front doors and realising how much bigger the house is than it appears from outside.
Lived in and genuinely loved for nearly a decade, this single-level residence carries something that photographs can’t fully convey: the way the rooms flow into each other. Living zones connect without crowding. Nothing about it requires effort. It is, in the best possible sense, a home that has been designed for you.
The kitchen is the quiet anchor, Caesarstone benchtops, quality stainless steel appliances, and a walk-in pantry built for people who actually cook. It opens to the living and dining areas without ceremony, so the act of cooking remains part of the social life of the house rather than separate from it. The covered alfresco is not an amenity, it adds to the soul of the home. Bi-fold doors dissolve the line between inside and out. A tranquil water feature provides a backdrop that makes the space feel genuinely removed from everything, because, remarkably, it is. Neighbours are present on paper only; you would never know. Summer breakfasts, long Sunday lunches, quiet Tuesday evenings or whatever takes your fancy; inside or outside, this space provides the lifestyle for you to entertain.
Three separately zoned living areas mean that a household can be fully occupied and still feel like everyone has room.
The master suite is a proper retreat: generous in proportion with a huge walk in robe and served by an ensuite that feels considered rather than ticked-off. Four bedrooms in total, or three plus a study that adapts with ease to a home office, a guest room, or whatever the next chapter requires. Stunning parquetry floors throughout. Ducted heating and cooling for year-round comfort. Security alarm, remote-controlled front gates, ducted vacuum, attic storage, internal garage access and a rear roller door to access the backyard; every practical consideration resolved, quietly, in the background.
And then there is the address. Zoned for Serpell Primary ranked among Victoria’s top three state primary schools, and East Doncaster Secondary College, which sits in the top 10% of Victorian Secondary Schools, this is one of the only addresses in Melbourne where the full educational journey, primary through to Year 12, is covered by two genuinely exceptional public schools. Properties that combine this school zone with a home of this calibre are rare. The Pines Shopping Centre, Ruffey Lake Park, and freeway access are all within minutes. The school, famously, is right around the corner.
Among the finest single-level homes Templestowe has produced, and the kind of property that, once sold, is spoken about for years by those who missed it. Some homes you inspect. This one you feel. It warrants a visit.
Listing description written by Alec Stefanoski, Woodards Manningham — reproduced as published, not verified by Districts.