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Suburb Insights ยท VIC 3106

Templestowe 3106, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Templestowe is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 16,966, making it a smaller community. Located approximately 18 km from the Melbourne CBD, Templestowe is a middle ring area in Victoria. The median household income is $112,476 AUD per year (ABS 2021 Census).

Investment Score

74 / 100 Good

Above-average earnings in Templestowe support sustained property values.

Location

Map shows Templestowe, Victoria, Australia.

Key Indicators

Postcode
3106

Official Australia Post postcode for Templestowe. A postcode may cover multiple suburbs.

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Population
16,966

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$513/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$112,476/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
18 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
7

Estimated 7 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,700/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
72% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Templestowe's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $513/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,700/month. A median household income of $112,476/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Solid fundamentals in Templestowe support capital growth over a medium to long hold period.

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Rental Yield

Strong tenant demand in Templestowe underpins consistent rental income and low vacancy risk.

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Renovation / Flip

Templestowe's established market and growing population make it a viable location for value-add renovations.

Risk Factors

Run the numbers on a Templestowe property

Full Property Analysis

30-year projections for Templestowe

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Templestowe is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Templestowe should see steady occupancy, with moderate upward pressure on rents. Overall, investor sentiment toward Templestowe is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Templestowe a good suburb for investment?

Templestowe is a middle ring area in Victoria with a population of 16,966. The median rent is $513/week and the median household income is $112,476/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Templestowe?

Key demand drivers in Templestowe include established amenities and transport access. 72% of dwellings are separate houses. The area has approximately 4 schools and 7 parks nearby.

What is the population of Templestowe?

According to the ABS 2021 Census, Templestowe has a population of approximately 16,966. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Templestowe from the Melbourne CBD?

Templestowe is approximately 18 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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