Templestowe
Suburb profile, market snapshot and recent listings for Templestowe, VIC 3106.
About Templestowe
Welcome to Templestowe
Templestowe sits about 17 kilometres north-east of Melbourne's CBD, tucked into the leafy Yarra Valley fringe of the Manningham municipality. It's a suburb defined by space — generous blocks, tree-lined streets and a strong sense of separation from the density of inner Melbourne, despite being a comfortable drive or bus ride from the city.
With a population of 16,966 and a median age of 46, Templestowe skews toward established families and long-term residents who value the quieter, more settled pace of life here. It suits buyers looking for a family-sized home with room to move, rather than those chasing café culture or apartment living, though there's still plenty to enjoy locally.
Lifestyle & dining
Templestowe's lifestyle centres on its outdoor spaces and the Yarra River, which runs along the suburb's edge and shapes much of its character. Life here tends to be low-key rather than social-strip driven, with locals more likely to be found walking along the river trails or heading to nearby Doncaster for a wider choice of cafes, restaurants and entertainment. That said, local shopping strips and neighbourhood cafes service day-to-day needs comfortably, and the suburb's relaxed, semi-rural feel remains one of its biggest drawcards for families and retirees alike.
Shopping
For bigger shopping trips, residents typically head to Westfield Doncaster, just a short drive away, which brings major retailers, supermarkets, dining and cinemas within easy reach. Templestowe itself has smaller local centres catering to everyday essentials, meaning residents get the best of both worlds — a quiet residential feel with substantial retail infrastructure never far away.
Getting around
Templestowe is car-reliant by design, with no train line running directly through the suburb — the nearest rail access is via neighbouring areas, making bus services and arterial roads like Manningham Road and Foote Street the main way residents get around. Buses connect through to Doncaster and on to city-bound services, while commuters driving into the CBD generally use Eastern Freeway access via Doncaster Road, keeping the trip to around 25–30 minutes outside peak times.
The suburb's layout, with its winding streets and larger lots, reflects its development era and reinforces the need for a car, though this trade-off is one many residents make willingly in exchange for the quieter surrounds.
Schools & families
Templestowe is well set up for families, with Serpell Primary School and Templestowe Park Primary School both serving the local area and contributing to the suburb's appeal for those with young children. The broader Manningham area also offers access to well-regarded secondary options nearby. Combined with generous backyards and a settled community feel, it's easy to see why families make up such a significant part of the local population.
Parks & recreation
Green space is one of Templestowe's defining features. The Yarra River corridor offers walking and cycling trails, picnic spots and pockets of native bush, while numerous local parks and reserves throughout the suburb give families and pet owners plenty of room to spread out. This access to nature, combined with proximity to the Yarra Valley's wineries and rural pockets further out, gives Templestowe a semi-rural character that's increasingly rare this close to Melbourne.
The property market
Templestowe's property market reflects its status as an established, land-rich suburb. The median house price sits at $1.51 million, with units and apartments considerably more affordable at a median of $1.09 million — though current listings show apartments make up only around 10% of stock, alongside 9% land and 16% townhouses, with standalone houses dominating at 65% of the mix. Median rent across the suburb is $890 per week.
House prices have eased slightly of late, down 2.6% in recent measures, which may present an opening for buyers who've been priced out during stronger growth periods. Neighbouring suburbs including Templestowe Lower, Doncaster, Montmorency and Lower Plenty offer comparison points for buyers weighing up lifestyle and budget, but Templestowe's larger blocks and established gardens continue to set it apart as a long-term family destination rather than a transient rental market.
Market snapshot
Templestowe property market
Median sale price
$1.51m
House · 4 bed
Median rent
$890
per week
Gross rental yield
3.1%
annual rent ÷ sale price
Typical price range
Entry
$1.10m
Median
$1.51m
Premium
$2.09m
Days on market
54
Auction clearance
67%
Sold this year
131
Median sold price trend · House 4 bed
Compound growth -1.0% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Templestowe by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Templestowe, VIC 3106.
Population
16,966
residents (2021)
Median age
46
years
Household income
$2,163
median, per week
Median rent
$513
per week
Median mortgage
$2,700
per month
Mortgage / income
29%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Templestowe
Government school catchment
Recent results
Recently sold in Templestowe
$1.14m
13 Heysham Way
Sold ~July 2026
$1.43m
3A Glenvill Court
Sold ~July 2026
$1.15m
6/31 Oliver Road
Sold ~July 2026
$1.33m
2/265 Porter Street
Sold ~July 2026
$1.20m
8 Reark Court
Sold ~July 2026
$1.30m
27 Ferndell Crescent
Sold ~July 2026
$1.50m
11 Samantha Court
Sold ~July 2026
$1.30m
1/66 Anderson 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
Compare the area
Price map around Templestowe
Every listing for sale near Templestowe, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Nearby suburbs
Quick switch to nearby areas
Common questions
Templestowe suburb FAQ
What is the median property price in Templestowe?
The median house price in Templestowe, VIC is $1.51m for a 4-bedroom home. Over the past year, median sold prices have fallen about 2.6%.
How much is rent in Templestowe?
The median weekly rent in Templestowe is around $890 per week.
Is Templestowe a good place to live?
Templestowe is a suburb of Melbourne, Victoria, Australia, 16 km north-east of Melbourne's Central Business District, located within the City of Manningham local government area. Templestowe is an established residential suburb in VIC, with a population of around 16,966 and 2 schools in the area.
What is the population of Templestowe?
Templestowe has a population of 16,966 (ABS 2021 Census), with a median age of 46.
What schools are in Templestowe?
There are 2 schools in or near Templestowe, including Serpell Primary School and Templestowe Park Primary School.
How long do homes take to sell in Templestowe?
Properties in Templestowe take around 54 days to sell on average, with an auction clearance rate of about 67%.
How much do you need to buy in Templestowe?
Entry-level properties in Templestowe start around $1.10m, while premium homes reach $2.09m.
What suburbs are near Templestowe?
Suburbs near Templestowe include Lower, Lower Plenty, Templestowe Lower, Montmorency and Doncaster.
Fresh to market
New this week in Templestowe
Space, Style and Convenience Across Three Levels
Build Your Future Beside One of Templestowe Lower's Hidden Gems
Stylish Low Maintenance Home On Own Title
Outstanding family opportunity with exceptional future potential
Available now