Templestowe is a well-established suburb in Victoria within the Manningham local government area (postcode 3106). With a population of 16,966, the suburb has a mature demographic with a median age of 46. Households earn a median income of $112K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Templestowe is $1.6 million, having dipped slightly 2.7% over the past year. Units have a median price of $910,000 (+8.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,700.
Templestowe is served by 2 schools, including 2 primary. The average ICSEA score is 1140, which is well above the national average of 1,000. Public transport access includes 109 bus stops. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.
From an investment perspective, Templestowe offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$875K), placing it in the premium segment. The price-to-income ratio of 14.7x is considered stretched. House prices have moved -2.7% year-on-year.
Templestowe is a well-established suburb in Victoria within the Manningham local government area (postcode 3106). With a population of 16,966, the suburb has a mature demographic with a median age of 46. Households earn a median income of $112K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Templestowe is $1.6 million, having dipped slightly 2.7% over the past year. Units have a median price of $910,000 (+8.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,700.
Templestowe is served by 2 schools, including 2 primary. The average ICSEA score is 1140, which is well above the national average of 1,000. Public transport access includes 109 bus stops. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.
From an investment perspective, Templestowe offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$875K), placing it in the premium segment. The price-to-income ratio of 14.7x is considered stretched. House prices have moved -2.7% year-on-year.