$475 ▲ +28.7%
Higher than 86% of statistical area 2 (sa2) areas.
- 2011: $369
- 2016: $420
- 2021: $475
Median weekly rent paid by households renting their home.
Templestowe Lower · Statistical Area 2 (SA2)
Housing & Dwellings in Templestowe Lower
Where and how people live — the homes, how they are held, and what they cost.
Far more people own their homes outright in Templestowe Lower than in the rest of the state, with 47.4% of households holding their property debt-free. This is a wealthy area where both mortgage payments and rents are well above the national figures. Most residents live in large, detached houses, making it a standout pocket for spacious home ownership.
$475
▲ +28.7%
- $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 Lower — higher than 86% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,500, which is well above the Victorian figure of $1,859. Renters also pay much more than most people, with a typical weekly rent of $475, an increase of $106 since 2011.
$2,500 ▲ +16.3%
Higher than 87% of statistical area 2 (sa2) areas.
- 2011: $2,150
- 2016: $2,064
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Templestowe Lower, $350–$549 is the majority at 60%; $550–$749 is next at 25%.
Monthly mortgage distribution
View on map →In Templestowe Lower, the largest group is $3,000 or more at 39%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (17%).
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 47.4% of homes owned outright, far above the 31% national figure. Conversely, the 17.5% of households that rent is far below both the state and national averages.
17.5% ▲ +22.1%
Lower than 79% of statistical area 2 (sa2) areas.
- 2011: 14.3%
- 2016: 16.4%
- 2021: 17.5%
Share of occupied private dwellings that are rented.
47.4% ▼ -7.1%
Higher than 91% of statistical area 2 (sa2) areas.
- 2011: 51.0%
- 2016: 48.3%
- 2021: 47.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Templestowe Lower, the largest group is Owned outright at 47%, followed by Owned with a mortgage (33%) and Rented (18%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes dominate the landscape, as 91.5% of houses have three or more bedrooms. Separate houses make up 80.7% of all dwellings, which is well above the national figure of 72.3%.
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.
80.7% ▼ -4.0%
Lower than 58% of statistical area 2 (sa2) areas.
- 2011: 84.0%
- 2016: 81.1%
- 2021: 80.7%
Share of occupied private dwellings that are separate houses.
91.5% ▲ +0.0%
Higher than 85% of statistical area 2 (sa2) areas.
- 2011: 91.4%
- 2016: 89.0%
- 2021: 91.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Templestowe Lower, Separate house is the majority at 81%; Townhouse / semi-detached is next at 18%.
Bedrooms per home
View on map →In Templestowe Lower, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (39%) and 5 or more (8%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Templestowe Lower
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Templestowe Lower [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/207021160/templestowe-lower/topic/housing-dwellings