36 Magnolia Drive

Off Market

36 Magnolia Drive

Templestowe Lower VIC 3107

655 m²

House

Rino Presutto, last sold this property on 26 February 2026 after 22 days on market.

Overview

Renovate or Rebuild on a Prime Leafy Allotment (STCA)

Positioned on a generous, leafy allotment in a highly sought-after pocket of Templestowe Lower, this original family home presents a compelling renovation or redevelopment opportunity (STCA). Offered for the first time in many years, the property provides a solid foundation and exceptional scope to create a contemporary family residence or brand-new luxury home in a premium setting. The existing home offers spacious living and dining zones, natural light and leafy garden outlooks, while the functional kitchen and meals area highlight the home’s original layout and renovation potential. Comprising four bedrooms, including a main bedroom with ensuite, the floorplan is well suited to a modern reconfiguration or extension. A central bathroom and separate toilet further enhance the practicality of the current dwelling, while underscoring the exciting possibilities for transformation. Outdoors, the expansive backyard and established gardens showcase the true value of the allotment, offering ample space for a significant renovation, extension or complete rebuild (STCA). Zoned for Templestowe Heights Primary School and Templestowe College, this property is located moments from Ruffey Lake Park, Macedon Plaza, Aquarena Aquatic and Leisure Centre, and transport. This is a rare opportunity to capitalise on location, land and long-term potential. * Four well-proportioned bedrooms, main with ensuite * Multiple living and dining zones * Gas ducted heating * Central bathroom with separate toilet * Covered carport with additional off-street parking * Generous backyard with alfresco entertaining area

Features

4 bedrooms

2 bathrooms

1 carspace

1 carport space

655 m² lot size

House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Templestowe Lower over the last 12 months, the estimated median property value of 36 Magnolia Drive is $1.43m.

Median value

$1.43m

Estimated value range

$1.05m - $3.35m

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 36 Magnolia Drive

2026

Sold

Undisclosed

26 Feb 2026 by Rino Presutto, of Fletchers 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 29 reviews in Templestowe Lower over the last 12 months.

Local market activity for 4 bedroom houses in Templestowe Lower

In the last 12 months, 83 four-bedroom houses similar to 36 Magnolia Drive, have been sold.

This represents a 5% increase in four-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)

(660 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.