Templestowe Lower
Suburb profile, market snapshot and recent listings for Templestowe Lower, VIC 3107.
About Templestowe Lower
Welcome to Templestowe Lower
Templestowe Lower sits around 15 kilometres north-east of the Melbourne CBD, tucked into the leafy bend of the Yarra River between Bulleen and Templestowe proper. It's a suburb defined by its green, undulating streets and its position on the river's edge, offering a semi-rural feel while still being firmly within Melbourne's established eastern suburbs.
With a population of 14,098 and a median age of 45, it's a settled, family-oriented pocket that attracts households looking to upsize or stay long-term rather than a transient rental crowd. Its mix of established homes on generous blocks, proximity to the river parklands, and easy access to Doncaster's shopping and business hub make it a popular choice for families and professionals wanting space without leaving the eastern suburbs.
Lifestyle & dining
Life in Templestowe Lower revolves around the outdoors as much as anything else. The Yarra River flats and surrounding bushland give the suburb a relaxed, semi-rural character, and residents make regular use of the walking and cycling trails that trace the river towards Bulleen and beyond. For cafes, restaurants and a bigger night-out scene, most locals head just up the road to Doncaster or across to Templestowe village, both a short drive away.
Shopping
Templestowe Lower doesn't have a large retail strip of its own, which suits residents who prefer a quieter streetscape, but Westfield Doncaster and the Templestowe village shops are both close by for groceries, fashion and everyday essentials. The nearby Bulleen precinct, including its bulky goods and homemaker offerings, adds further convenience for bigger purchases.
Getting around
The suburb is well served by bus routes connecting to Doncaster, Bulleen and the wider Manningham area, with many residents relying on car travel given the absence of a train line through this part of Melbourne's east. The Eastern Freeway is readily accessible via Bulleen Road, making the CBD commute manageable, while EastLink and the Metropolitan Ring Road provide useful cross-town connections for those heading north or south.
Schools & families
Families are well catered for locally, with Templestowe Heights Primary School and Templestowe College providing public options within the area, and St Kevin's School among the notable nearby choices for families seeking alternatives. The suburb's mix of established homes and quiet streets has long made it a drawcard for families wanting settled schooling options without moving far from the river and parklands.
Parks & recreation
The Yarra Valley parklands are the standout feature here, offering walking trails, picnic spots and access to the broader network of trails that run along the river towards Bulleen, Kew and eventually the city. Sporting ovals and reserves scattered through the suburb support local football, cricket and junior sport, while the more rugged riverside bushland appeals to residents who enjoy trail running or simply getting outdoors close to home.
The property market
Templestowe Lower's property market is dominated by houses, which make up 71% of current listings, alongside 20% townhouses, 6% apartments or units and a small 2% share of vacant land — reflecting the suburb's established, low-density character. The median house price sits at $1.37 million, while units and apartments have a median of $900,000, and renters typically pay around $880 a week.
Recent figures show house prices have eased by 3.0%, a modest pullback that reflects broader shifts in Melbourne's upper-middle price bracket rather than anything suburb-specific. For buyers, that softening offers a slightly more accessible entry point into a suburb that has historically held strong appeal thanks to its land size, river frontage and proximity to Doncaster's amenity.
Market snapshot
Templestowe Lower property market
Median sale price
$1.37m
House · 4 bed
Median rent
$880
per week
Gross rental yield
3.3%
annual rent ÷ sale price
Typical price range
Entry
$1.04m
Median
$1.37m
Premium
$1.97m
Days on market
59
Auction clearance
66%
Sold this year
117
Median sold price trend · House 4 bed
Compound growth -0.7% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Templestowe Lower by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Templestowe Lower, VIC 3107.
Population
14,098
residents (2021)
Median age
45
years
Household income
$1,920
median, per week
Median rent
$475
per week
Median mortgage
$2,500
per month
Mortgage / income
30%
stretched (>30%)
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Templestowe Lower
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Templestowe Lower
$1.22m
21 Airds Road
Sold ~July 2026
$1.38m
9 Palmerston Avenue
Sold ~July 2026
$1.25m
50 Bryson Grove
Sold ~July 2026
$860k
2/10 Balmoral Avenue
Sold ~July 2026
$2.77m
32 Morang Avenue
Sold ~July 2026
$935k
2/56 Foote Street
Sold ~July 2026
$1.19m
2/2 Eyre Court
Sold ~July 2026
$1.37m
40 Alfred Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Templestowe Lower
Compare the area
Price map around Templestowe Lower
Every listing for sale near Templestowe Lower, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Templestowe Lower suburb FAQ
What is the median property price in Templestowe Lower?
The median house price in Templestowe Lower, VIC is $1.37m for a 4-bedroom home. Over the past year, median sold prices have fallen about 3.0%.
How much is rent in Templestowe Lower?
The median weekly rent in Templestowe Lower is around $880 per week.
Is Templestowe Lower a good place to live?
Templestowe Lower is a suburb of Melbourne, Victoria, Australia, 14 km northeast of Melbourne's Central Business District, located within the City of Manningham local government area. Templestowe Lower is an established residential suburb in VIC, with a population of around 14,098 and 3 schools in the area.
What is the population of Templestowe Lower?
Templestowe Lower has a population of 14,098 (ABS 2021 Census), with a median age of 45.
What schools are in Templestowe Lower?
There are 3 schools in or near Templestowe Lower, including St Kevin's School, Templestowe Heights Primary School and Templestowe College.
How long do homes take to sell in Templestowe Lower?
Properties in Templestowe Lower take around 59 days to sell on average, with an auction clearance rate of about 66%.
How much do you need to buy in Templestowe Lower?
Entry-level properties in Templestowe Lower start around $1.04m, while premium homes reach $1.97m.
What suburbs are near Templestowe Lower?
Suburbs near Templestowe Lower include Lower, Doncaster, Bulleen, Templestowe and Lower Plenty.
Fresh to market
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