Back 121 Parker Street
Off Market

121 Parker Street

Templestowe VIC 3106

3
1
2
0 m²
House
Last sold for $1,011,000
Alec StefanoskiAlec Stefanoski, last sold this property on 28 August 2026 after 21 days on market.

Overview

Position, Potential and GRZ2 Zoning on 843sqm

Commanding an impressive 843sqm (approx.) corner allotment in a leafy and well-connected Templestowe setting, this substantial property presents an outstanding opportunity for families, builders and developers alike. Zoned General Residential Zone - Schedule 2 (GRZ2), the property offers excellent flexibility for the future. The existing residence provides scope to renovate and modernise, while the generous landholding and prized corner position offer exciting potential for redevelopment or the construction of a luxurious new family home (STCA). Positioned just moments from the natural beauty of Westerfolds Park, the property is within easy walking distance of Ruffey Creek Trail, Wombat Bend Playground, Templestowe Village shops, cafés and restaurants, Templestowe Hotel and convenient bus services, including direct routes to the CBD. Families are exceptionally well catered for, with zoning for Templestowe College and Templestowe Park Primary School, while St Kevin’s Primary School, local kindergarten, swim school, community facilities and the upgraded Templestowe Bowling Club are also nearby. Local netball and basketball courts and training facilities further enhance the area's appeal for active families. Westfield Doncaster and The Pines Shopping Centre are both less than ten minutes’ drive away, while easy access to EastLink places the CBD, surrounding suburbs and the Mornington Peninsula within convenient reach. With its substantial 843sqm (approx.) corner position, GRZ2 zoning and outstanding proximity to parks, schools, transport and Templestowe Village, this is a compelling opportunity to renovate, rebuild or explore future development potential (STCA).

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
0 m² floor area
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Templestowe over the last 12 months, the estimated median property value of 121 Parker Street is $1.18m.

Median value
$1.18m
Estimated value range
$910k - $2.92m
Median days on market
39
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Templestowe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121 Parker Street

2026
Sold
$1,011,000
28 Aug 2026 by Alec Stefanoski, of Woodards Manningham

Happy sellers in Templestowe

71%
71% of sellers in Templestowe reported that their sale price either exceeded or met their price expectations.

Templestowe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Templestowe over the last 12 months.

Local market activity for 3 bedroom houses in Templestowe

In the last 12 months, 11 three-bedroom houses similar to 121 Parker Street, have been sold.

This represents a 46% increase in three-bedroom houses sales when compared to the previous 12 months.

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