Templestowe
VICTemplestowe is a declining suburb in VIC with 16,966 residents.
- SAL code
- 22483
- SA2
- 207021159
- Population
- 16,966
- LGA
- Manningham
Templestowe, VIC had 16,966 residents at the 2021 Census, with the broader statistical area showing a 0.6% decline over the last five years. The predominant age group is 55-64 years, and the median age sits at 46. Households are most often couples with children, and those with a mortgage repay a median of $2,700 a month. Around 82.3% of homes are owner-occupied, with the largest single tenure being owned outright at 47.0%. Most dwellings are separate houses, making up 77.6% of the suburb's housing stock. The suburb has 51 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Templestowe, VIC at a glance
Templestowe sits ~16 km north-east of Melbourne CBD in the City of Manningham, on a hilly bend of the Yarra River. The character is established family housing on generous blocks, with around 200 hectares of parkland threading through the suburb. The data tiles below cover the demographic baseline; this card adds the live market, lifestyle, and council context they don't.
For homebuyers
Templestowe is for people who want space, trees, and a backyard without leaving Melbourne's middle-ring. Most of the housing stock is detached three- and four-bedroom homes on standard-to-large blocks, with a long-running thread of architect-designed homes on acreage along the Yarra escarpment. Westerfolds Park — 120 hectares on the river, with the Main Yarra Trail running through it — is the major recreation anchor. Templestowe Village handles day-to-day shopping; Westfield Doncaster sits ~4 km south for the bigger trip. The Eastern Freeway is the practical commute spine — ~25 minutes to the CBD off-peak — but Templestowe has no train station, so a car is essentially mandatory. Schools are a known draw: Serpell Primary, Templestowe Park, Templestowe Heights and Templestowe Valley primaries, plus Templestowe College for secondary. In short: an established, green, car-dependent family suburb with strong schools and easy freeway access, not a transit-oriented one.
For investors
Templestowe is a capital-growth play with a thin yield. Median house price sits around $1.61M–$1.72M against ~$785/week rent for a gross yield near 2.4% (Your Investment Property / htag, March 2026). Roughly 196 house sales and 88 unit sales in the past 12 months gives reasonable turnover for a $1.5M+ market. Days-on-market sits around 50–60 for houses, with units moving faster at ~30. Recent 12-month house growth has been roughly flat to slightly negative.
Strengths
- Established blue-ribbon family catchment — schools and parks underpin owner-occupier demand and tenant retention.
- Healthy turnover for a high-priced market (~196 house sales over 12 months) keeps comparable sales current.
- Unit segment moves quickly (~30 DOM) — a viable scaled-down entry into a $1.6M-house suburb.
- $5M federally-funded Templestowe Route Upgrade is improving the road spine the suburb depends on.
Trade-offs
- Yield is low (~2.4% gross houses) — this is a negatively-geared, growth-thesis market, not a cashflow one.
- 12-month house growth is flat to mildly negative (around -2.5% per htag, March 2026), so the growth thesis has been on pause recently.
- No train station — public transport is bus-only, which narrows the renter pool to car-owning households.
- House DOM around 50–60 days means stock isn't clearing fast; price discipline matters at the buy.
What's coming
Manningham's $49M 2025/26 Capital Works Program is funding the Templestowe Route Upgrade — a 1.8 km reconstruction of Parker, Swilk, James and Anderson Streets between Templestowe Road and Williamson Road, with $5M from the Federal Government. Parker Street works run mid-September 2025 to March 2026. A Templestowe Village Streetscape Upgrade ($75k) and Serpells Road footpath are also in the program.
Bottom line
For homebuyers: an established, leafy, school-strong family suburb if you're comfortable being car-dependent. For investors: a high-entry, low-yield growth play that's been flat lately — patient capital only.
Population
?16,966
Suburb · Census 2021
5-Year Growth
-0.6%
3yr: +1.8% · 10yr: -0.6%
SA2 · 5yr
Household Income
$2,163/wk
Suburb · Census 2021 median
Median Age
46
Suburb · Census 2021
Socio-Economic Index
?9/10
SA2 · least disadvantaged
Unemployment
?4.1%
SA2 · Q4 2025
Schools
3
3 primary
Hospitals
No data for this suburb
Childcare services
?10
6 long day, 3 OSHC
Parks & green space
?51
Parks, reserves
Transport stops
?68
GTFS stops
Dwelling approvals
?83
Manningham · Feb 2026
Median Weekly Rent
Based on rental bond lodgements recorded by the state government.
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments→ Calculate rental yield (price + median rent)
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Templestowe (SA2)
ABS publishes annual estimates only at SA2; Templestowe suburb alone is ~16,966 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 17,182 to 17,442 over 24 years, averaging 0.1% per year.
Schools
3 in suburbSector
2 public · 1 private
Type
3 primary
Total enrolment
1,765
Avg per school
588
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 0.2%Almost entirely detached houses (77.6%), owner-occupied (82.3%), built for families (47% are 4 bed).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
Source: VIC DTP Designated Bushfire Prone Area
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions.
Flood risk
Source: VIC DTP Vicmap Planning Overlay (flood codes)
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions.
Planning zones
17 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| LDRZ | Low Density Residential ZoneResidential | 27.1% | 4.36 km² |
| GRZ3 | General Residential Zone Schedule 3Residential | 23.3% | 3.76 km² |
| PCRZ | Public Conservation and Resource ZoneEnvironmental | 19.2% | 3.09 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 13.2% | 2.12 km² |
| GRZ1 | General Residential Zone Schedule 1Residential | 3.6% | 0.58 km² |
| RCZ1 | Rural Conservation Zone Schedule 1Rural | 3.4% | 0.56 km² |
| TRZ2 | TRZ2Special use | 3.0% | 0.49 km² |
| NRZ1 | Neighbourhood Residential Zone Schedule 1Residential | 2.5% | 0.41 km² |
| GRZ2 | General Residential Zone Schedule 2Residential | 2.0% | 0.33 km² |
| SUZ2 | Special Use Zone Schedule 2Special use | 0.6% | 0.09 km² |
| PUZ6 | Public Use Zone Schedule 6Special use | 0.4% | 0.07 km² |
| PUZ1 | Public Use Zone Schedule 1Special use | 0.4% | 0.07 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 0.3% | 0.05 km² |
| UFZ | Urban Floodway ZoneWaterway | 0.3% | 0.04 km² |
| PUZ5 | Public Use Zone Schedule 5Special use | 0.2% | 0.04 km² |
| C1Z | Commercial 1 ZoneBusiness | 0.2% | 0.04 km² |
| IN1Z | Industrial 1 ZoneIndustrial | 0.2% | 0.03 km² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.