Templestowe Lower Property Growth
VIC · 3107 · Eastern Melbourne
Adjacent to Templestowe, this suburb shares similar family appeal with a mix of established and newer housing.
Overview
Location: City of Manningham
Adjacent to Templestowe, this suburb shares similar family appeal with a mix of established and newer housing.
Market Snapshot
Median House Price
$1.37m
Avg Days on Market
59 days
Demographics
Estimated Population
13,432
Owner Occupier Rate
83.0%
Renter Rate
17.0%
Transport & Connectivity
Templestowe Lower has no train or tram services; it sits between the Hurstbridge and Lilydale/Belgrave rail corridors and relies on a frequent bus network running to the city and nearby stations.
Major Roads
- Manningham Road
- High Street
- Thompsons Road
- Williamsons Road
Templestowe Lower is approximately 15km north-east of the Melbourne CBD, within the City of Manningham, extending from Manningham Road north to the Yarra River. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Templestowe Lower is home to government primary schools (a wave of school building followed the suburb's 1960s development) and the suburb's secondary school.
Secondary Schools
- Templestowe College — known for its student-driven
- flexible learning model
Childcare
A range of long day care, kindergarten and outside school hours care providers operate across Templestowe Lower. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Macedon Square and Macedon Plaza on Manningham Road form the suburb's shopping centre, and — despite the name — the Templestowe Hotel is actually in Templestowe Lower. The Yarra River parklands and Finns Reserve line the northern boundary, with Westfield Doncaster a few minutes south.
Employment
Templestowe Lower is predominantly residential, with local retail employment at Macedon Square and the Doncaster activity centre adjacent.
Commercial Centres
- Macedon Square and Macedon Plaza
Infrastructure
No major infrastructure projects are currently confirmed for Templestowe Lower. Check Infrastructure Australia's project pipeline, State Government announcements or City of Manningham's website for the latest updates on works that may affect the area.
Growth Drivers
- Flexible learning model secondary school — Templestowe College is known for its student-driven, flexible learning approach, drawing families from across the region.
- Yarra River parkland — the Yarra River parklands and Finns Reserve line the northern boundary, supporting strong lifestyle amenity.
- Established local retail — Macedon Square and Macedon Plaza on Manningham Road serve the suburb, with Westfield Doncaster a few minutes south.
- 1960s development wave schooling — a wave of government primary school building followed the suburb's 1960s development, giving it an established local education base.
Key Risks
- No train or tram access — Templestowe Lower sits between the Hurstbridge and Lilydale/Belgrave rail corridors and relies on a frequent bus network.
- Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.
Frequently Asked Questions
Templestowe Lower offers a flexible-learning secondary school, Yarra River parkland and established local retail, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Templestowe Lower is home to government primary schools from the suburb's 1960s development wave, plus Templestowe College, known for its student-driven, flexible learning model.
Templestowe Lower has no train or tram services; it relies on a frequent bus network running to the city and nearby stations. Verify current timetables and travel times before relying on any commute estimate.
Macedon Square and Macedon Plaza form the suburb's shopping centre, alongside the Templestowe Hotel and Yarra River parklands and Finns Reserve.
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Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Manningham— https://www.manningham.vic.gov.au
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.