Suburb Profile Report for Templestowe Lower VIC (3107)

Templestowe Lower House: Median price $1,180,500, Annual capital growth 5.54%, Number of sales 126, Weekly median advertised rent $508

Templestowe Lower Unit: Median price $881,000, Annual capital growth 5.14%, Number of sales 62, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2021 as supplied by CoreLogic. Data is reported to the period ending Feb 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 7.32% for the last year, Templestowe Lower, 3107 is the 1873th highest performer in Australia in this respect.

Templestowe Lower,3107 was ranked 3181 in Australia by increase in median property value over the quarter.

Templestowe Lower3107 is located in VIC which offers an average discount of -4.38% to property investors. Templestowe Lower itself is showing figures that indicate -5.42% is the average achievable by property buyers investing in the suburb.

At number 1188 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 54.5696 for properties listed there.

With the median price for a house in Templestowe Lower being $1180500 and the advertised rent reaching $507.5 the gross rental yield for property investors calculates out to be 2.24%

At number 637th in the list of Australian suburbs ordered by increase in median house value over the last year, Templestowe Lower, 3107 is in the BOTTOM 50% with a property value increase of 4.38% recorded in median house prices.

Templestowe Lower,3107 has offered an average of 4.38% return per annum in house price rises to property investors over the last three years.

Templestowe Lower3107 is located in VIC which offers an average discount of -4.44% to property investors. Templestowe Lower itself is showing figures that indicate -5.12% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Templestowe Lower have been waiting around 84.3023 days to sell a property.

Advertised rents are around the $500 mark per week – giving a return of 2.95% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,180,500 $881,000
-0.88% -1.01%
7.32% 4.38%
5.54% 5.14%
$508 $500
126 62
2.24% 2.95%
54.5696202531646 84.3023255813954

Source: Monthly data update for May 2021 as supplied by CoreLogic. Data is reported to the period ending Feb 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 13152
Median household income ($/weekly) 1429
Median age of persons 44
Median housing loan repayment ($/monthly) 2150
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1372 10.4
    35-44 years 1897 14.4
    45-54 years 1705 13.0
    55-64 years 1545 11.7
    65-74 years 1713 13.0
    Others 4919 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 5913 58.6
    Not Married 3738 37.0
    Defacto Relationship 442 4.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 7809 62.4
    Croatia 697 5.6
    Hong Kong 528 4.2
    Japan 472 3.8
    Other 622 5.0
    Others 2396 19.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 529 4.3
    Christianity 8599 70.1
    Hinduism 157 1.3
    Islam 262 2.1
    No Religion 2522 20.6
    Others 196 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 373 8.9
    $800-$999 372 8.9
    $1,500-$1,999 533 12.7
    $2,000-$2,499 425 10.1
    $2,500-$2,999 424 10.1
    Others 2074 49.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4237 40.4
    Employed, worked full-time 3711 35.4
    Employed, worked part-time 1914 18.2
    Employed, away from work 342 3.3
    Unemployed, looking for work 289 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 942 15.8
    Professionals 1733 29.1
    Technicians & trades workers 666 11.2
    Clerical & administrative workers 936 15.7
    Sales 657 11.0
    Others 1031 17.3
    Occupation
    Census Count Percent(%)
    Pre-school 224 8.0
    Infants/Primary 901 32.0
    Secondary 740 26.3
    Technical or Further Educational Institution 212 7.5
    University or other Tertiary Institutions 628 22.3
    Others 111 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10536 85.9
    Semi-detached, row or terrace house, townhouse 1277 10.4
    Flat, unit or apartment 437 3.6
    House or flat attached to a shop, office 11 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2365 52.2
    Being purchased 1473 32.5
    Rented 665 14.7
    Other tenure type 27 0.6
    Tenure Type
Census 2011, ABS
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