Side by sideSuburb comparison

Templestowe Lower vs Bulleen.

Comparing two suburbs with median house prices of $1,350,000 and $1,380,000. Bulleen edges out on more headline metrics in this comparison.

Templestowe Lower (median $1,350,000) is roughly 2% cheaper to buy into than Bulleen ($1,380,000).

Bulleen scores higher on walkability (14/100 vs 32/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Bulleen (1128) sits above Templestowe Lower (1122).

The takeWhich suburb suits which buyer

For buyers

Templestowe Lower is the lower entry point at $1,350,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Bulleen offers the higher gross rental yield (2.49% vs 1.83%), favouring cash-flow investors.

For families

Bulleen edges out on average school ICSEA (1128 vs 1122).

Common questionsTemplestowe Lower vs Bulleen

Common questions

Is Templestowe Lower or Bulleen cheaper to buy in?

Templestowe Lower has the lower median house price at $1,350,000, roughly 2% below Bulleen ($1,380,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Templestowe Lower or Bulleen have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Bulleen scores 1128 vs 1122 in Templestowe Lower. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Templestowe Lower or Bulleen?

Bulleen scores 32/100 on walkability vs 14/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Templestowe Lower or Bulleen?

Gross rental yield on houses is 2.49% in Bulleen vs 1.83% in Templestowe Lower. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Templestowe Lower
Metric
Bulleen

Price & Market

$1,350,000
Median house
$1,380,000
$920,000
Median unit
$848,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$476/wk
Rent (house / wk)
$660/wk
$475/wk
Rent (unit / wk)
$595/wk
80.0%
Owner occupied
78.0%
18.0%
Renter occupied
20.0%

Lifestyle & Demographics

14
Walk score
32
0
Transit score
0
100
Bike score
100
14,098
Population
11,219
45
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1122
Avg ICSEA
1128

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).