At number 740th in the list of Australian suburbs ordered by increase in median house value over the last year, Templestowe, 3106 is in the top 20% with a property value increase of 12.55% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Templestowe,3106 has racked up an average of 12.55% over the period. This ranks it number 446th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Templestowe 3106 should be seeing an average reduction in asking price of around -6.98% . This means that Templestowe is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 14.58 sales per month, which equates to 175 per year.
Templestowe, 3106 ranked 20th in VIC when comparing growth in median property values or capital gain over the last 12 months. Templestowe is one of 2098 in our list for VIC
While Templestowe,3106 ranked number 9th in VIC for increase in median house value (annualised) increase, it is ranked 5th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Templestowe, 3106. Typically our figures indicate that -3.17% is being offered, which puts this VIC suburb at 1285th most discounted overall in Australia.
Situated 17.33km from the CBD, Templestowe is one of Manningham localities in the postcode 3106.