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City of Manningham

Templestowe

Templestowe Property Market
& Suburb Profile

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MEDIAN PRICES IN TEMPLESTOWE

Median house price

(all agencies, last 12 months)$1.7m*

House price change

(all agencies, last 12 months)-6.25%

Median unit price

(all agencies, last 12 months)$813k*

Unit price change

(all agencies, last 12 months)-4.35%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

TEMPLESTOWE price TRACKER

HousesUnits

Templestowe sales overview

  • Sold by Auction 73%
  • Sold by Private Sale or Other Method 27%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)30

Average days on market (units)

(all agencies, 12 months)33

Auction clearance rate in Templestowe

(all agencies, last 12 months)73%

Average held period in Templestowe

(proptrack)16 years

Templestowe Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$940pw

House rental price change

(all agencies, last 12 months)0.07%

Median rental price for Units

(all agencies, last 12 months)$673pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)2.77%

Average rental yield for Units

(all agencies, last 12 months)3.98%

Templestowe total population size

(as at the last census)16,966

Median household size in Templestowe

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Templestowe property types

  • Houses 52%
  • Units 14%
  • Other 34%

OCCUPANCY in Templestowe

  • Owned 82%
  • Rented 14%
  • Other/Not Stated 4%
  • Singles 17%
  • Families 82%
  • Other 1%

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About Templestowe

Templestowe is a highly sought-after, established suburb in Melbourne's eastern region, renowned for providing a unique, tranquil lifestyle characterised by spacious properties and an abundance of green space, setting it apart from its denser neighbours.

Characterised by wide, leafy streets and an eclectic mix of luxurious, often architect-designed family homes on generous blocks, including significant acreage properties, the suburb appeals strongly to affluent owner-occupiers and established families looking for space, privacy, and an executive standard of living.

Residents benefit immensely from the proximity to significant natural reserves, with Ruffey Lake Park and the sprawling Westerfolds Park offering expansive areas for outdoor recreation, walking trails along the Yarra River, and a genuine escape into nature.

The heart of the community lies in Templestowe Village, a charming and recently revitalised local hub featuring boutique shops, high-quality cafes, and vibrant dining options that foster a strong, connected village atmosphere.

Educational needs are well-catered for by highly regarded primary schools and Templestowe College, which adds to the suburb's enduring family appeal.

While public transport mainly relies on an efficient bus network, excellent road access via the nearby Eastern Freeway ensures a manageable commute to the CBD and seamless travel to other parts of Melbourne.

For investors and buyers alike, Templestowe’s appeal is consistently strong, driven by the limited supply of its signature large blocks, the ongoing amenity upgrades, and a steady demand for both premium family houses and the newer, low-maintenance townhouse and unit developments that cater perfectly to downsizers and those seeking lower-entry points into this blue-chip locale.

Education

Serpell Primary School
St Charles Borromeo School
Templestowe Park Primary School
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Sales Comparison

Find out how Templestowe median sales prices compare to neighbouring suburbs.

Templestowe MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025283$1,239,000-6.25%228$807pw3.38%
2024252$1,323,000-3.00%225$776pw3.43%
2023252$1,310,0006.85%215$757pw3.25%
2022225$1,341,2222.09%256$659pw2.99%
2021320$1,263,75015.79%234$621pw2.62%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025283$1,239,000-6.25%
2024252$1,323,000-3.00%
2023252$1,310,000+6.85%
2022225$1,341,222+2.09%
2021320$1,263,750+15.79%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025228$807pw3.38%
2024225$776pw3.43%
2023215$757pw3.25%
2022256$659pw2.99%
2021234$621pw2.62%

PROUDLY SERVICING Templestowe

Barry Plant
Manningham

Browse more suburbs

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.