With a capital gain of 16.48% for the last 12 months, Templestowe Lower, 3107 has performed for property investments than its average annual 9.04% property growth over the last 5 years.
A 93.68% growth in median value for property investors in Templestowe Lower,3107 puts this suburb at number 102th in terms of best performing suburbs in VIC
Property buyers and investors in Templestowe Lower 3107 should be seeing an average reduction in asking price of around -4.78% . This means that Templestowe Lower is holding prices well when compared to other suburbs in VIC.
At number 703 in a list of fastest selling suburbs, Templestowe Lower is in the TOP 20% of suburbs in Australia with an average of days on market 47.37 for properties listed there.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 9.04%, investors should hope to achieve an overall return of 2.02%
Over the last year, property investments in Templestowe Lower, 3107 have given investors a capital gain of 22.57%. This compares very favourably with the 7.87% for VIC as a whole.
Comparing Templestowe Lower,3107 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 1st of VIC’s most discounted properties, Templestowe Lower is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Situated 13.67km from the CBD, Templestowe Lower is one of Manningham localities in the postcode 3107.