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VIC › Templestowe Lower › Verene Ave

5 Verene Ave, Templestowe Lower VIC 3107

House

5

Bedrooms

2

Bathrooms

2

Car spaces

668 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 668 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 unknown15 Nov 2025
  2. Listedprice unknowncompleted17 Oct 2025

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.

Nearby

Nearby properties

  • 28 Verene Ave, Templestowe Lower VIC 3107
  • 6 Verene Ave, Templestowe Lower VIC 3107
  • 16 Verene Ave, Templestowe Lower VIC 3107
  • 46 Dellfield Dr, Templestowe Lower VIC 3107

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 LOCI Blackburn

Endless Possibilities for Living, Growing or Investing

Perfectly positioned on a valuable corner block with dual driveways, this expansive five-bedroom home offers outstanding flexibility for growing families, renovators or visionary developers alike.

Flooded with beautiful natural light throughout, the home delivers an inviting sense of warmth from the moment you step inside. The ground floor features multiple living zones, including a generous lounge that seamlessly flows onto an elevated deck overlooking the large backyard, the ideal space for effortless indoor-outdoor entertaining.

The open-plan kitchen and meals area is perfectly equipped for daily family life, boasting an induction cooktop, stainless steel electric oven, Bosch dishwasher and island bench for casual dining or food prep. Year-round comfort is assured with split-system air conditioners thoughtfully positioned throughout the home.

Read the full description

Accommodation is abundant, headlined by a huge master retreat upstairs complete with its own living area, walk-in robe and ensuite featuring a spa bath and shower, your very own private sanctuary.

The central bathroom services the remaining bedrooms with a bath and toilet, while a separate shower and additional toilet ensure convenience for busy households.

Underneath the main level, car enthusiasts, hobbyists or entertainers will love the oversized double lock-up garage, which includes an additional room ideal for a wine cellar, workshop or storage space.

Whether you’re looking to renovate the existing residence, build your dream home, or explore development options (STCA), the potential here is undeniable.

And when it comes to location it simply doesn’t get better. Moments from Macedon Square, Templestowe Village, Westfield Doncaster and The Pines Shopping Centre, lifestyle convenience is effortless. Zoned for Templestowe College and Templestowe Heights Primary, with elite Kew schools within easy reach, this address excels in education. With three bus routes at the end of the street, nearby parks and cycling trails, Heide Museum of Modern Art and direct freeway access to the CBD, everything you could want is right at your doorstep.

A rare blend of size, light and limitless potential, secure your future in one of Lower Templestowe’s most connected pockets.

Loci Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by Rohan Calder, LOCI Blackburn — 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.