Back 4 McGahy Street
Off Market

4 McGahy Street

Templestowe Lower VIC 3107

3
1
2
837 m²
House
Harry FaresHarry Fares, last sold this property on 28 June 2026 after 52 days on market.

Overview

A BLUE-CHIP INVESTMENT OPPORTUNITY – 837m2 DDO8 site

Build 3 luxury townhouses with endorsed plans and permits! This Blue-Chip Location to die for – Is just a stone throw away from Macedon Square Shopping Centre and 6–7-minute walk to the exclusive shops at Westfield Doncaster. So, when you have a chance to skip the queue and secure a large 837sqm (approx.) of prime DDO8 zoned allotment with endorsed plans and permits for 3 luxury townhouses with views, you know you’ll have to move quickly to secure this first-class development opportunity.) or Land Bank it! With all the time-consuming work involved, you can commence the building process the instant the keys to this property are in your hand! Once complete, your future development will stand within a short walk of Macedon Square, Manningham Medical Centre, Westfield Doncaster, city-bound buses and the Eastern Freeway/Eastlink — great for a quick commute into the CBD or the head down the sandy shoreline along the Mornington Peninsula. An existing single-level three-bedroom home currently occupies the block, and with a generous light-filled living area, spacious well-appointed kitchen, large, grassed backyard, and a bright family bathroom, you could lease out the home and line your pockets with income until you are ready to get construction underway. Desirably zoned for Templestowe College and Templestowe Heights Primary School as well as Private School Bus routes. This is a rare opportunity in a family-favoured locale, whatever you decide to do, you will reap blue-chip rewards for years to come. *Contact agent to view approved plans and permits to construct 3 townhouses.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
837 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 4 McGahy Street is $1.28m.

Median value
$1.28m
Estimated value range
$823k - $1.68m
Median days on market
26
Estimated value trend
5%
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 4 McGahy Street

2026
Sold
Undisclosed
28 Jun 2026 by Harry Fares, of Barry Plant Doncaster (Manningham)
2024
Sold
$1,530,000
Private Sale/Treaty on 07 Mar 2024 by Mark Di Giulio, of Barry Plant Doncaster (Manningham)
2023
Rented
Undisclosed
Leased on 16 Mar 2023 by Barry Plant Whitehorse

Happy sellers in Templestowe Lower

86%
86% 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 3 bedroom houses in Templestowe Lower

In the last 12 months, 60 three-bedroom houses similar to 4 McGahy Street, have been sold.

This represents a 15% increase in three-bedroom houses sales when compared to the previous 12 months.

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