Investment property in Templestowe has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.42%
Across a shorter period, Templestowe, 3106 has seen a median price increase of 3.46% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Templestowe is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 142th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Templestowe the average time real estate has been on the market is 52.73 days.
With the median price for a house in Templestowe being $1301000 and the advertised rent reaching $570 the gross rental yield for property investors calculates out to be 2.28%
Templestowe, 3106 ranked 294th 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
If we look at median property appreciation over just the last three months, Templestowe has given property investors a paper return of 0.00%. This puts Suburb as 209 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Templestowe 3106 should be seeing an average reduction in asking price of around -4.11% . This means that Templestowe is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.