Templestowe is an average performer in VIC when comparing median price capital growth over the last year. Templestowe gave property investors a average capital gain figure when compared to the rest of the state, with 8.28%.
Templestowe,3106 has offered an average of 8.28% return per annum in house price rises to property investors over the last three years.
The most recent median price for Templestowe is $1170000, with sellers offering an average of -5.82% off the asking price.
On average over the past year, suburb has had 14.17 sales per month, which equates to 170 per year.
The VIC suburb of Templestowe, 3106 is in the Manningham local government area.
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 6.47%
Templestowe,3106 has offered an average of 6.47% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Templestowe is offering property investors an average of -5.27. This rate of discount on properties puts Suburb at number 267th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.08%, investors should hope to achieve an overall return of 2.88%