Templestowe Lower (VIC 3107): property prices & suburb profile

Manningham LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Templestowe Lower · VIC 3107 · typical house price · 12 months to 2025-Q4
$1,357,000+64.1%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (208 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,357,000
208 sales over 4 quarters
Typical unit price
$942,000
12 months to 2025-Q4, 72 sales
Sales in the last year
280
houses + units
SEIFA advantage decile
9 of 10
Templestowe Lower
Schools in the suburb
3
ACARA registered

Templestowe Lower property prices

The typical Templestowe Lower house sold for around $1,357,000 in the year to 2025-Q4, +64.1% over 10 years and +26.1% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
-0.6%
-4.9%
+26.1%
+64.1%
Units
+1.7%
+8.2%
+30.0%
+78.0%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
664k874k1.08M1.29M1.50M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$750,000$555,000
2014$830,000$567,500
2015$1,060,000$700,000
2016$1,105,500$699,000
2017$1,302,000$880,000
2018$1,150,000$810,000
2019$1,080,000$777,000
2020$1,189,000$880,000
2021$1,432,500$933,500
2022$1,390,000$985,000
2023$1,410,000$1,050,000
2024$1,362,000$1,010,000
Apr 2024$1,395,000$1,137,500
July 2024$1,360,000$1,060,000
Oct 2024$1,310,500$825,000
2025$1,347,000$903,500
Apr 2025$1,347,500$920,000
July 2025$1,350,500$900,000
Oct 2025$1,378,000$1,048,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Templestowe Lower medians by quarter

The most recent quarter on record for Templestowe Lower is 2025-Q4.

Templestowe Lower medians by quarter
2025-Q4Unit$1.05M17
2025-Q4House$1.38M61
2025-Q3Unit$900k18
2025-Q3House$1.35M55
2025-Q2Unit$920k25
2025-Q2House$1.35M51
2025-Q1Unit$904k12
2025-Q1House$1.35M41
2024-Q4Unit$825k24
2024-Q4House$1.31M51
2024-Q3Unit$1.06M18
2024-Q3House$1.36M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Templestowe Lower

Templestowe Lower has a median age of 45 and a median household income of $1,920 a week.

Population (Templestowe Lower)
14,098
Median age (Templestowe Lower)
45 years
Median household income (Templestowe Lower)
$1,920/wk
People per square kilometre
2,392
Average taxable income (postcode, 2023)
$78,382
SEIFA advantage decile (Templestowe Lower)
9 of 10
Addresses in the suburb (G-NAF)
7,162
Rooftop solar installs, 12 months (postcode)
92
How Templestowe Lower homes are held
Owned outright
47.4% · 2,390
Owned with a mortgage
32.6% · 1,644
Rented
17.6% · 886
Templestowe Lower homes by bedroom count
1 bedroom or studio
0.5% · 24
2 bedrooms
7.2% · 362
3 bedrooms
45.6% · 2,279
4 bedrooms
38.6% · 1,928
5 or more
8.2% · 408
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
9 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
8 of 10
Economic resources (IER)from household income, wealth and housing costs
7 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Templestowe Lower are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Templestowe Lower" and postcode 3107 both extend beyond Templestowe Lower.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Templestowe Lower

The 3 schools in Templestowe Lower sit at the 84th percentile nationally on ACARA's socio-educational index.

Schools located in Templestowe Lower
St Kevin's SchoolCatholicPrimary1,096
Templestowe CollegeGovernmentSecondary1,099
Templestowe Heights Primary SchoolGovernmentPrimary1,132
Median school percentile nationally · ICSEA score
Templestowe Lower · 3 schools
84th · 1099
Manningham LGA
88th · 1117
Melbourne East
83rd · 1096
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Templestowe Lower

Templestowe Lower's typical house price of $1,357,000 is the 31st highest of the 62 Melbourne East suburbs we cover.

All Melbourne East suburb research

Templestowe Lower: common questions

How much does a house cost in Templestowe Lower?
About $1,357,000 across the 12 months to 2025-Q4, from 208 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Templestowe Lower prices gone up?
Prices have risen 64.1% over 10 years and moved +26.1% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Templestowe Lower?
The typical unit price was around $942,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 72 sales.
Can I see Templestowe Lower prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Templestowe Lower?
Templestowe Lower has 3 ACARA-registered schools: St Kevin's School, Templestowe College, Templestowe Heights Primary School.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.