Templestowe, VIC 3106
City of ManninghamAll suburbs in postcode 3106
Updated
Median house price
$1,587,500
Median · Land Victoria · the latest published quarter (updated May 2026)
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Templestowe at a glance
- Median unit
- $956,300
- Weekly rent
- $660
- Houses · units $595
- Population
- 17.0k
- Median age 46
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census
House prices in Templestowe
Houses change hands at $1,587,500 on a typical sale, well above the Victoria median. Units come in around $956,300, roughly 40% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $318,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
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What to know about Templestowe
Templestowe (3106) sits in the Manningham region of Victoria. The median house here is $1,587,500, well above the Victoria median of around $850K.
Templestowe has roughly 16,966 residents, with an established, older skew. Households are predominantly owner-occupied.
What it’s like to live here
Summer days here average around 27°C (warm), winter mornings around 6°C (cool). Annual rainfall lands at about 691 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 5 government secondary, 5 Catholic.
Schools in Templestowe
Location
Demographics
The 2021 Census put Templestowe's population at 16,966, with a median age of 46. That sits as an established, older skew. Households are predominantly owner-occupied (82% own, 14% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (82% family households, 17% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 82%
- Lone person
- 17%
- Owner occupied
- 82%
- Renter occupied
- 14%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.16% (median rent $660/wk against a $1,587,500 price tag). Units yield 3.24% gross, often the better cash-flow play for first-time investors. Renter share is modest (14%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 2.16%
- On the $1,587,500 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 3.24%
- On the $956,300 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
392 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 691 mm
- Hottest month, avg max
- 27.4°C
- Coldest month, avg min
- 5.9°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Templestowe
- What is the median house price in Templestowe?
- The median house price in Templestowe, VIC 3106 is $1,587,500 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $956,300.
- How much is my house worth in Templestowe?
- A useful starting point is the Templestowe median house price of $1,587,500 (units $956,300). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Templestowe a good investment?
- On the published figures, the gross rental yield on houses in Templestowe is 2.2%: the median weekly house rent is $660 (Victorian rental report, September 2025) against the median house price of $1,587,500 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Templestowe: the Land Victoria figures we hold do not measure one. Whether Templestowe is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Templestowe postcode?
- Templestowe is in the 3106 postcode, in VIC, in the City of Manningham region.
- Where is Templestowe?
- Templestowe is a suburb in the City of Manningham area, VIC 3106.
- What is the average rent in Templestowe?
- The median weekly rent for houses is $660, for units it's $595.
- What schools are in Templestowe?
- There are 20 schools serving Templestowe on this page, including Templestowe Park Primary School, Serpell Primary School, St Kevin's School.
- What suburbs are near Templestowe?
- Templestowe is close to The Pines, Lower Plenty, Templestowe Lower, Doncaster East, Doncaster Heights.
- What is the population of Templestowe?
- The population of Templestowe is approximately 16,966 (2021 Census). The median age is 46.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.