Market snapshot
Suburb insights for Templestowe Lower3107
Change suburbLocated 14 km north-east of the CBD and south of the Yarra River Templestowe Lower is a well-established residential area with a relatively stable population. The suburb features Macedon Square Shopping Centre and Wombat Bend.
Sales data
Median sale price
$1.3mil
Quarterly price change
-3.7%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Templestowe Lower | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,250,500 | $807,000 |
| 4 | $1,450,000 | $950,000 |
| Insight | Templestowe Lower | Metro comparison |
|---|---|---|
| Clearance rate | 63.6% | 72.6% |
| Days on market | 37 | 43 |
Rental data
Median weekly rent
$700
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Templestowe Lower | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $665 | $550 |
| 4 | $750 | $600 |
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