Investment property in Templestowe Lower 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 9.52%
Comparing Templestowe Lower,3107 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -3.97% to buyers in Templestowe Lower at the moment, which is less than average for the rest of VIC.
Residents and property investors in Templestowe Lower have been waiting around 64.02 days to sell a property.
Advertised rents are around the $495 mark per week – giving a return of 2.19% based on the median price in Suburb
Templestowe Lower has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -1.41% to date .
Across a shorter period, Templestowe Lower, 3107 has seen a median price increase of 0.14% over the last quarter.
Vendor discounting in Templestowe Lower is giving property investors an average Vendor Discount of around -4.62%. This puts suburb at number 153th in VIC when ranking the most discounted suburbs.
Property investors should expect to get $450 weekly from the median priced house in this suburb.