Property investors who have had real estate in Templestowe Lower, 3107 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.00%
Comparing Templestowe Lower,3107 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Templestowe Lower3107 is located in VIC which offers an average discount of -6.04% to property investors. Templestowe Lower itself is showing figures that indicate -4.46% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Templestowe Lower being $1110000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 2.15%
VIC has seen average median house prices change by 3.19% which means that Templestowe Lower, 3107 has done well for property investors by showing a capital gain of -3.14% over the last year
Templestowe Lower,3107 has offered an average of -3.14% return per annum in house price rises to property investors over the last three years.
Templestowe Lower, 3107 is offering VIC ‘s 176th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
On average over the past year, suburb has had 4.75 sales per month, which equates to 57 per year.
Situated 13.89km from the CBD, Templestowe Lower is one of Manningham localities in the postcode 3107.