Templestowe Lower is a well-established suburb in Victoria within the Manningham local government area (postcode 3107). With a population of 14,098, the suburb has a mature demographic with a median age of 45. Households earn a median income of $100K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.

The median house price in Templestowe Lower is $1.4 million, having declined 3.4% over the past year. Units have a median price of $1.0 million (-3.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,500.

Templestowe Lower is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1109, which is well above the national average of 1,000. Public transport access includes 61 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.

From an investment perspective, Templestowe Lower offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.4M/$875K), placing it in the premium segment. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -3.4% year-on-year.