Templestowe vs Lower Plenty.
Comparing two suburbs with median house prices of $1,587,500 and $1,207,500.
Lower Plenty (median $1,207,500) is roughly 31% cheaper to buy into than Templestowe ($1,587,500).
On school quality, the average ICSEA across schools serving Templestowe (1112) sits above Lower Plenty (1109).
For buyers
Lower Plenty is the lower entry point at $1,207,500 median, 31% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Templestowe offers the higher gross rental yield (2.16% vs 1.72%), favouring cash-flow investors.
For families
Templestowe edges out on average school ICSEA (1112 vs 1109). Templestowe also has a higher family-household share (82% vs 72%), so the catchment community skews family-heavy.
Common questions
Is Templestowe or Lower Plenty cheaper to buy in?
Lower Plenty has the lower median house price at $1,207,500, roughly 31% below Templestowe ($1,587,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Templestowe or Lower Plenty have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Templestowe scores 1112 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 suburb has higher rental yield, Templestowe or Lower Plenty?
Gross rental yield on houses is 2.16% in Templestowe 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Templestowe against another suburb