27 Scarlet Ash Drive

Templestowe Lower VIC 3107

The size of Templestowe Lower is approximately 5.9 square kilometres. It has 20 parks covering nearly 11.5% of total area. The population of Templestowe Lower in 2011 was 13,152 people. By 2016 the population was 13,448 showing a population growth of 2.3% in the area during that time. The predominant age group in Templestowe Lower is 40-49 years. Households in Templestowe Lower are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation. In 2011, 82.8% of the homes in Templestowe Lower were owner-occupied compared with 80% in 2016.

Templestowe Lower has 6,456 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 19.04% increase in median value, while Units have seen a 31.41% increase. As at 31 July 2024:

• The median value for Houses in Templestowe Lower is $1,331,060 while the median value for Units is $979,572.
• Houses have a median rent of $700 while Units have a median rent of $670.