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Suburb Insights ยท VIC 3107

Templestowe Lower 3107, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Templestowe Lower is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 14,098, making it a smaller community. Located approximately 14 km from the Melbourne CBD, Templestowe Lower is a middle ring area in Victoria. The median household income is $99,840 AUD per year (ABS 2021 Census).

Investment Score

77 / 100 Good

Strong household incomes in Templestowe Lower underpin solid property demand. Its proximity to the CBD adds a strong location premium.

Location

Map shows Templestowe Lower, Victoria, Australia.

Key Indicators

Postcode
3107

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

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Population
14,098

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

ABS Census Data โ†’
Median Rent (weekly)
$475/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
$99,840/yr

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

ABS Census Data โ†’
Distance to CBD
14 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
6

Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,500/mo

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

ABS Census Data โ†’
Dwelling Type
75% 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 Lower'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 $475/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,500/month. The median household income of $99,840/year reflects a solid demographic, supporting sustainable rental demand. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Templestowe Lower's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental returns in Templestowe Lower are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

Older housing stock in Templestowe Lower combined with strong buyer demand creates solid renovation upside.

Risk Factors

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Full Property Analysis

30-year projections for Templestowe Lower

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Templestowe Lower enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Overall, investor sentiment toward Templestowe Lower is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Templestowe Lower a good suburb for investment?

Templestowe Lower is a middle ring area in Victoria with a population of 14,098. The median rent is $475/week and the median household income is $99,840/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 Lower?

Key demand drivers in Templestowe Lower include established amenities and transport access. 75% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Templestowe Lower?

According to the ABS 2021 Census, Templestowe Lower has a population of approximately 14,098. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Templestowe Lower from the Melbourne CBD?

Templestowe Lower is approximately 14 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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