Side by sideSuburb comparison

Templestowe Lower vs Lower Plenty.

Comparing two suburbs with median house prices of $1,350,000 and $1,207,500. Templestowe Lower edges out on more headline metrics in this comparison.

Lower Plenty (median $1,207,500) is roughly 12% cheaper to buy into than Templestowe Lower ($1,350,000).

Templestowe Lower scores higher on walkability (14/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Templestowe Lower (1122) sits above Lower Plenty (1109).

The takeWhich suburb suits which buyer

For buyers

Lower Plenty is the lower entry point at $1,207,500 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Templestowe Lower offers the higher gross rental yield (1.83% vs 1.72%), favouring cash-flow investors.

For families

Templestowe Lower edges out on average school ICSEA (1122 vs 1109).

Common questionsTemplestowe Lower vs Lower Plenty

Common questions

Is Templestowe Lower or Lower Plenty cheaper to buy in?

Lower Plenty has the lower median house price at $1,207,500, roughly 12% below Templestowe Lower ($1,350,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Templestowe Lower or Lower Plenty have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Templestowe Lower scores 1122 vs 1109 in Lower Plenty. 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 Lower Plenty?

Templestowe Lower scores 14/100 on walkability vs 0/100. 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 Lower Plenty?

Gross rental yield on houses is 1.83% in Templestowe Lower vs 1.72% in Lower Plenty. 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
Lower Plenty

Price & Market

$1,350,000
Median house
$1,207,500
$920,000
Median unit
$684,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$476/wk
Rent (house / wk)
$400/wk
$475/wk
Rent (unit / wk)
$400/wk
80.0%
Owner occupied
83.0%
18.0%
Renter occupied
15.0%

Lifestyle & Demographics

14
Walk score
0
0
Transit score
0
100
Bike score
100
14,098
Population
3,962
45
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1122
Avg ICSEA
1109

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).