31 Caroline Drive

Off Market

31 Caroline Drive

Templestowe Lower VIC 3107

914 m²

House

Cassie Wang, last sold this property on 18 November 2025 after 25 days on market.

Overview

Sale by Closing date- Offers closing by Friday 5th December at 6pm

Prestigious Location, Approved Plans, Endless Possibilities An exceptional opportunity awaits developers, builders, and astute investors with this substantial 914m² (approx.) allotment, complete with approved planning permit and architectural plans for three luxury, modern double-storey townhouses. Designed with a focus on contemporary family living, the approved plans showcase three impressive four-bedroom residences featuring bold modern façades, open-plan layouts, and premium finishes that will appeal to discerning buyers seeking space, style, and sophistication. Each townhouse is thoughtfully configured for comfort and flexibility: Dwelling 1’s ground floor bedroom with ensuite, upper level three bedrooms including a master suite, retreat, and family bathroom, complemented by a large private front yard ideal for entertaining. Dwellings 2 and 3 include a ground-floor bedroom with ensuite, open plan kitchen, three upstairs bedrooms including a master suite, and a stylish bathroom. All homes feature decking, a garden shed, water tank, and double garage, with light-filled living zones that seamlessly connect to outdoor spaces — perfect for families or downsizers. The existing three-bedroom residence offers comfortable, lease-ready accommodation, providing the option to live in or rent out while preparing for construction. With its wide frontage, flat terrain, and superb proportions, the site ensures ease of buildability and strong resale potential. Ideally located within one of Templestowe Lower’s most desirable pockets, the property is just minutes from Macedon Square, Westfield Doncaster, and the boutique cafés and restaurants of Templestowe Village. Families will value zoning for Templestowe College and Templestowe Heights Primary School, and proximity to Twin Hills Preschool and elite private schools.

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

914 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Templestowe Lower over the last 12 months, the estimated median property value of 31 Caroline Drive is $1.29m.

Median value

$1.29m

Estimated value range

$823k - $1.49m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Templestowe Lower. 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 31 Caroline Drive

2025

Sold

Undisclosed

18 Nov 2025 by Cassie Wang, of BigginScott Manningham

Happy sellers in Templestowe Lower

85%

85% of sellers in Templestowe Lower reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 30 reviews in Templestowe Lower over the last 12 months.

Local market activity for 3 bedroom houses in Templestowe Lower

In the last 12 months, 62 three-bedroom houses similar to 31 Caroline Drive, have been sold.

This represents a 5% decrease in three-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Templestowe Lower for a free market appraisal.

Scott George

at Barry Plant Doncaster (Manningham)

(659 reviews)

Get a free market appraisal

Jack Zhang

at VICPROP Manningham

(45 reviews)

Get a free market appraisal

Jin Ling

at VICPROP Manningham

(94 reviews)

Get a free market appraisal

Harry Lai

at Barry Plant Doncaster (Manningham)

4.9

(72 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Templestowe Lower

Scott George

Scott George is an award winning recommended agent for Templestowe Lower. They have 8 local sales and collected 8 local reviews across the last 12 months.