Templestowe is one of Melbourne’s most prestigious family suburbs, combining large land allotments, elite school zones, leafy streetscapes and direct access to the Eastern Freeway corridor. Long favoured by upgrader families and Chinese-Australian buyers, Templestowe commands a significant premium over neighbouring northeast suburbs.
Templestowe Property Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $1,650,000 | $850,000 |
| Gross Rental Yield | 2.8% | 3.6% |
| Annual Growth (5yr avg) | 6.4% | 5.2% |
| Median Weekly Rent | $700 | $590 |
| Days on Market | 34 | 28 |
| Vacancy Rate | 1.2% | 1.4% |
Is Templestowe a Good Investment?
Templestowe scores 7.2/10 on the GeeVee Investment Score as a capital growth play. Yield is low at 2.8% but 10-year capital growth has been consistently above Melbourne median. The school zone premium for Templestowe College and Marcellin College is estimated at $150,000 to $250,000 on qualifying properties.
Off-Market Properties in Templestowe
Premium Templestowe homes with large land, school zone premium or development potential often transact off-market. Access exclusive listings: collings.com.au/portal.
Frequently Asked Questions
What is the median house price in Templestowe?
The median house price in Templestowe is approximately $1,650,000 in 2026.
Is Templestowe a good suburb to buy?
Yes for capital growth. Templestowe delivers consistent long-term growth with elite school zone access. Yield is low at 2.8% so it suits owner-occupiers or long-term capital growth investors.
Find your next property with Collings
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