Templestowe vs Lower Plenty
Lower Plenty (median $1,207,500) is roughly 24% cheaper to buy into than Templestowe ($1,587,500).
Buying in Templestowe or Lower Plenty?
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Templestowe and Lower Plenty side by side
| Measure | Templestowe | Lower Plenty |
|---|---|---|
| Price and market | ||
| Median house | $1,587,500 | $1,207,500 |
| Median unit | $956,300 | $684,000 |
| Renting | ||
| House rent | $660/wk | – |
| Unit rent | $595/wk | – |
| Owner occupied | 82.0% | 83.0% |
| Renter occupied | 14.0% | 15.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1112 | 1109 |
| Lifestyle and people | ||
| Walk score | – | 0 |
| Transit score | – | 0 |
| Bike score | – | 100 |
| Population | 16,966 | 3,962 |
| Median age | 46 | 45 |
| Climate | ||
| Annual rainfall | 691 mm | 678 mm |
| Mean max, January | 27.4°C | 27.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
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, 24% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
- 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.
Templestowe vs Lower Plenty: common questions
Is Templestowe or Lower Plenty cheaper to buy in?
Lower Plenty has the lower median house price at $1,207,500, roughly 24% 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.
Keep comparing
The two suburbs
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