Templestowe Lower is an average performer in VIC when comparing median price capital growth over the last year. Templestowe Lower gave property investors a average capital gain figure when compared to the rest of the state, with 7.04%.
If we look at median property appreciation over just the last three months, Templestowe Lower has given property investors a paper return of 0.09%. This puts Suburb as 509 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Templestowe Lower should be aiming for at least -4.87% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Templestowe Lower have been waiting around 60.79 days to sell a property.
Advertised rents are around the $482.5 mark per week – giving a return of 2.28% based on the median price in Suburb
Investment property in Templestowe Lower has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.23%
Across a shorter period, Templestowe Lower, 3107 has seen a median price increase of 0.00% over the last quarter.
Templestowe Lower3107 is located in VIC which offers an average discount of -5.08% to property investors. Templestowe Lower itself is showing figures that indicate -3.80% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $430 weekly from the median priced house in this suburb.