What does an acre of land cost in Templestowe? Would be great to build on.

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Depending on what area of Templestowe - acres are selling from $1m and as high as $2 million.
Acres in "The Golden Mile" (Serpells Road and Surrounds) are selling for in excess of $1.3 million, purchase an acre in this area with an established property on it and it will cost you in excess of $1.7 million.
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Jason Spencer Dec 07, 2015
With some of the recent sales in the area seems like the price is now over $2 million for an acre.
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