Templestowe · Suburb / Locality

Housing & Dwellings in Templestowe

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

Typical monthly home loan payments of $2,700 make Templestowe one of the most expensive places to buy in. This is a high-cost area where a large proportion of people own their homes outright and live in spacious, multi-bedroom houses.

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📍 Templestowe, Suburb / Locality

Where Templestowe sits — Median rent (weekly)

$513 ▲ +33.9%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Templestowe — higher than 93% 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 weekly rents of $513 and monthly mortgage payments of $2,700 are both well above the Victorian and national figures. These costs are among the highest for similar areas, with 42.5% of mortgages costing $3,000 or more each month.

$513 ▲ +33.9%

Higher than 93% of suburb / locality areas.

  • 2011: $383
  • 2016: $451
  • 2021: $513

Median weekly rent paid by households renting their home.

$2,700 ▲ +24.6%

Higher than 89% of suburb / locality 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 strong here, with 47% of homes owned outright, which is far above the national figure of 31%. Conversely, the 14% of households that rent is far below the state and national averages.

14.0% ▲ +24.6%

Lower than 59% of suburb / locality areas.

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

Share of occupied private dwellings that are rented.

47.0% ▼ -4.0%

Higher than 67% of suburb / locality 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 family homes dominate the landscape, as 89.1% of dwellings have three or more bedrooms. Separate houses make up 77.6% of all homes, a figure well above the national average.

0.80 ▼ -20.0%

Lower than 57% of suburb / locality areas.

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

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

77.6% ▼ -8.8%

Lower than 83% of suburb / locality areas.

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

Share of occupied private dwellings that are separate houses.

89.1% ▼ -1.1%

Higher than 76% of suburb / locality 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/sal/SAL22483/templestowe/topic/housing-dwellings