Templestowe vs Templestowe Lower.
Comparing two suburbs with median house prices of $1,587,500 and $1,350,000. Templestowe Lower edges out on more headline metrics in this comparison.
Templestowe Lower (median $1,350,000) is roughly 18% cheaper to buy into than Templestowe ($1,587,500).
On school quality, the average ICSEA across schools serving Templestowe Lower (1122) sits above Templestowe (1112).
For buyers
Templestowe Lower is the lower entry point at $1,350,000 median, 18% 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 1.83%), favouring cash-flow investors.
For families
Templestowe Lower edges out on average school ICSEA (1122 vs 1112).
Common questions
Is Templestowe or Templestowe Lower cheaper to buy in?
Templestowe Lower has the lower median house price at $1,350,000, roughly 18% below Templestowe ($1,587,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Templestowe or Templestowe Lower have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Templestowe Lower scores 1122 vs 1112 in Templestowe. 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 Templestowe Lower?
Gross rental yield on houses is 2.16% in Templestowe 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
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