Templestowe Lower Property Market
& Suburb Profile

Characterised by well-maintained streets, an abundance of open space, and a mix of traditional houses and newer, low-maintenance unit and townhouse developments, it attracts a predominantly family demographic, evidenced by its high percentage of owner-occupiers and households with children.

A significant drawcard for the area is its superb recreational amenities, including Finns Reserve and Wombat Bend, which provide extensive parklands along the Yarra River for walking, cycling, and family leisure, along with the nearby expansive Westerfolds Park. The suburb is well-serviced by established local shops at Macedon Square, which cater excellently to daily needs, while residents benefit from the extensive retail, dining, and entertainment options just a short drive away at Westfield Doncaster.

Education is a key feature, with respected government and Catholic primary schools, as well as the Templestowe College, providing strong local schooling options.

Crucially for commuters, Templestowe Lower offers excellent vehicular access via the Eastern Freeway, allowing for a fast commute to the city, complemented by a frequent bus network that provides direct links to the CBD, surrounding suburbs, and key transport hubs like Doncaster Shopping Centre.

For investors, the area offers a stable market with strong rental yields, particularly for units and townhouses, driven by consistent demand from families and professionals who value the suburb’s perfect balance of amenity, nature, and prime location.