If you compare the increase in value of investment property in Templestowe Lower, 3107 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 6.80%.
Over the longer term, Templestowe Lower has seen property prices show investors a 44.66% return over the last 3 years. This is worse than over the last 12 months
At number 441th of VIC’s most discounted properties, Templestowe Lower is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 1221 in a list of fastest selling suburbs, Templestowe Lower is in the TOP 40% of suburbs in Australia with an average of days on market 64.02 for properties listed there.
Situated 14.19km from the CBD, Templestowe Lower is one of Manningham localities in the postcode 3107.
At number 1164th in the list of Australian suburbs ordered by increase in median house value over the last year, Templestowe Lower, 3107 is in the BOTTOM 40% with a property value increase of -0.69% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Templestowe Lower,3107 has racked up an average of -0.69% over the period. This ranks it number 354th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Templestowe Lower 3107 should be seeing an average reduction in asking price of around -4.51% . This means that Templestowe Lower is holding prices well when compared to other suburbs in VIC.
At number 794 in a list of fastest selling suburbs, Templestowe Lower is just in the bottom half of suburbs in Australia with an average of days on market 79.72 for properties listed there.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.