Templestowe Lower at a glance
Median house
$1,350,000
Median unit
$920,000
Walk score
14
Very car dependent
Population
14.1k
Median age 45
The brief
What to know about Templestowe Lower.
The postcode for Templestowe Lower is 3107 (VIC), part of Greater Melbourne.
The median house price in Templestowe Lower is $1,350,000.
Templestowe Lower (3107) sits in the Manningham region of Victoria. The median house here is $1,350,000, well above the Victoria median of around $850K.
Templestowe Lower has roughly 14,098 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
Templestowe Lower scores 14/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 10 government primary, 3 government secondary, 6 Catholic.
Who lives here
Demographics.
The 2021 Census put Templestowe Lower's population at 14,098, with a median age of 45. That sits as an established, older skew. Households are predominantly owner-occupied (80% own, 18% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (79% family households, 19% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
14,098
Median age
45
Family households
79%
Lone person
19%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,350,000 on a typical sale, well above the Victoria median. Units come in around $920,000, roughly 32% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $270,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,350,000
+0.0% over the past year. Median unit price $920,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$476/wk
Weekly rent (unit)
$475/wk
Owner occupied
80%
Renter occupied
18%
At a deeper level
$1,350,000
$920,000
14,098
Median age: 45
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For investors
Investment overview.
Gross rental yield on houses sits at 1.83% (median rent $476/wk against a $1,350,000 price tag). Units yield 2.68% gross, often the better cash-flow play for first-time investors. Renter share is modest (18%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.83%
Based on $1,350,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20262.68%
Based on $920,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202680%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
347
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
14
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Templestowe Lower.
Local schools for Templestowe Lower
View the catchment for each school to find out more.
Government School Catchment
Templestowe Heights Primary School
Templestowe College
Bulleen Heights School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Templestowe Lower.
- What is the median house price in Templestowe Lower?
- The median house price in Templestowe Lower, VIC 3107 is $1,350,000. The median unit price is $920,000.
- What is the Templestowe Lower postcode?
- Templestowe Lower is in the 3107 postcode, in VIC, in the City of Manningham region.
- Where is Templestowe Lower?
- Templestowe Lower is a suburb of Melbourne, in VIC 3107. It is part of the Greater Melbourne area, in the City of Manningham region.
- What is the average rent in Templestowe Lower?
- The median weekly rent for houses is $476, for units it's $475.
- What schools are in Templestowe Lower?
- There are 20 schools serving Templestowe Lower on this page, including Templestowe Heights Primary School, Templestowe College, St Kevin's School.
- How walkable is Templestowe Lower?
- Templestowe Lower has a Walk Score of 14 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Templestowe Lower?
- Templestowe Lower is close to Bulleen, Bulleen South, Doncaster, Lower Plenty, Templestowe.
- What is the population of Templestowe Lower?
- The population of Templestowe Lower is approximately 14,098 (2021 Census). The median age is 45.
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Templestowe Lower
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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