$475 ▲ +29.8%
Higher than 90% of suburb / locality areas.
- 2011: $366
- 2016: $420
- 2021: $475
Median weekly rent paid by households renting their home.
Templestowe Lower · Suburb / Locality
Housing & Dwellings in Templestowe Lower
Where and how people live — the homes, how they are held, and what they cost.
Much higher housing costs than most similar areas define Templestowe Lower, where large family homes are the norm. The typical monthly mortgage payment is $2,500, which is well above both the state and national figures. This is a place dominated by spacious, owner-occupied houses.
$475
▲ +29.8%
- $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 Lower — higher than 90% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are among the highest at this level, sitting at $475. This is well above the $375 national figure, while typical monthly mortgage payments are also far higher than average at $2,500.
$2,500 ▲ +16.3%
Higher than 88% of suburb / locality areas.
- 2011: $2,150
- 2016: $2,066
- 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.
Nearly half of all homes (47.4%) are owned outright, which is far above the Victorian average of 32.2%. Meanwhile, the proportion of households renting is far below the state and national figures, sitting at 17.6%.
17.6% ▲ +22.6%
Higher than 53% of suburb / locality areas.
- 2011: 14.3%
- 2016: 16.4%
- 2021: 17.6%
Share of occupied private dwellings that are rented.
47.4% ▼ -7.0%
Higher than 69% of suburb / locality 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 are common here, with 91.6% of dwellings having three or more bedrooms—far above the national figure of 73.8%. Separate houses make up 80.7% of all homes, which is well above the figures for Victoria and Australia.
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.
80.7% ▼ -3.9%
Lower than 79% of suburb / locality areas.
- 2011: 84.0%
- 2016: 81.4%
- 2021: 80.7%
Share of occupied private dwellings that are separate houses.
91.6% ▲ +0.2%
Higher than 82% of suburb / locality areas.
- 2011: 91.4%
- 2016: 89.3%
- 2021: 91.6%
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 46%, 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/sal/SAL22484/templestowe-lower/topic/housing-dwellings