Templestowe · Statistical Area 2 (SA2)

Housing & Dwellings in Templestowe

Where and how people live — the homes, how they are held, and what they cost.

High costs for both mortgages and rent mark the housing landscape in Templestowe. Most residents live in large, detached homes, and nearly half of all households own their property outright. This makes the area significantly more expensive than the state and national averages.

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📍 Templestowe, Statistical Area 2 (SA2)

Where Templestowe sits — Median rent (weekly)

$513 ▲ +31.5%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is Templestowe — higher than 90% of areas.

Median rent (weekly) compared with the state and national average
Templestowe$513
3106, VIC $513
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are well above the national figure at $2,700, having risen by $533 since 2011. Renters also face high costs, with the usual weekly rent of $513 sitting well above the Australian average of $375.

$513 ▲ +31.5%

Higher than 90% of statistical area 2 (sa2) areas.

  • 2011: $390
  • 2016: $451
  • 2021: $513

Median weekly rent paid by households renting their home.

$2,700 ▲ +24.6%

Higher than 90% of statistical area 2 (sa2) areas.

  • 2011: $2,167
  • 2016: $2,167
  • 2021: $2,700

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Templestowe, the largest group is $350–$549 at 46%, followed by $550–$749 (32%) and $750 or more (13%).

Monthly mortgage distribution

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In Templestowe, the largest group is $3,000 or more at 46%, followed by $1,800–$2,999 (24%) and Under $1,000 (15%).

Owning & renting

How homes are owned or rented.

Home ownership is very high here, with 47% of homes owned outright, which is far above the Victorian average of 32.2%. In contrast, the share of households renting is much lower than most areas at just 14%.

14.0% ▲ +24.6%

Lower than 88% of statistical area 2 (sa2) areas.

  • 2011: 11.2%
  • 2016: 13.4%
  • 2021: 14.0%

Share of occupied private dwellings that are rented.

47.0% ▼ -4.0%

Higher than 91% of statistical area 2 (sa2) areas.

  • 2011: 48.9%
  • 2016: 48.8%
  • 2021: 47.0%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Templestowe, the largest group is Owned outright at 47%, followed by Owned with a mortgage (35%) and Rented (14%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes dominate the area, as 89.1% of dwellings have three or more bedrooms. Separate houses make up 77.6% of the total, a figure that is well above the national average but has fallen since 2011.

0.80 ▼ -20.0%

Lower than 71% of statistical area 2 (sa2) areas.

  • 2011: 1.00
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

77.6% ▼ -8.9%

Lower than 63% of statistical area 2 (sa2) areas.

  • 2011: 85.1%
  • 2016: 79.1%
  • 2021: 77.6%

Share of occupied private dwellings that are separate houses.

89.1% ▼ -1.0%

Higher than 79% of statistical area 2 (sa2) areas.

  • 2011: 90.0%
  • 2016: 88.5%
  • 2021: 89.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Templestowe, Separate house is the majority at 78%; Townhouse / semi-detached is next at 19%.

Bedrooms per home

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In Templestowe, the largest group is 4 bedrooms at 47%, followed by 3 bedrooms (28%) and 5 or more (16%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Templestowe

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Templestowe [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/207021159/templestowe/topic/housing-dwellings