Mark Di Giulio
56 Chatsworth Quadrant, Templestowe Lower, Vic 3107
$1.25m - $1.35m
5 2 2
Open Thursday 11 June 4:30 pm Auction Saturday 27 June 12:00 pm🏛️ About This Suburb (Last Updated Date: 2026-03-06)
History, Aboriginal heritage, and the story behind the name.
Templestowe Lower — Wurundjeri Country
Originally utilized for orchards and grazing, the area underwent rapid suburbanization during the post-war boom of the 1960s and 70s. It was designed as a low-density residential extension of the inner-east, catering to growing middle-class families.
A leafy, hilly suburb characterized by large brick veneer homes, quiet cul-de-sacs, and a transition toward high-end contemporary townhouses.
Overall Score
8.2
A highly desirable family suburb with strong safety and education credentials.
Aboriginal Name
Birrarung— "River of mists"
Name Origin
Named after the village of Templestowe in Yorkshire, England, by early settler John Wood.
Established
Gazetted 1927
Greenery
Bordered by the Yarra River and extensive parklands.
Education
Home to Templestowe College, a leader in progressive education.
Architecture
Significant concentration of Merchant Builders and mid-century designs.
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
7.4
Steady demand driven by families upgrading from inner-east apartments.
Amenity
8.5
Excellent access to Westfield Doncaster and local boutique shopping strips.
Schools
9.2
Exceptional public and private school options within the immediate catchment.
Transport
5.2
Limited to bus networks and private vehicles; no train or tram access.
Risk Profile
8.8
Low risk of significant price volatility or major environmental hazards.
Liveability
8.9
High quality of life with abundant parks and low noise pollution.
Demographics
8.1
Stable population of high-income professionals and established families.
Rental Demand
7.6
Strong demand for 4-bedroom family homes near school zones.
Growth Potential
7.0
Solid long-term appreciation, though limited by high entry prices.
Affordability
4.2
Relatively expensive compared to the Melbourne metropolitan median.
Crime & Safety
9.1
One of the safest suburbs in Melbourne's north-east.
Walkability
4.5
Hilly terrain and sprawling layout make walking to shops difficult for many.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$1,585,000
Estimated March 2026
Median Unit
$915,000
Townhouse dominant market
Family Ratio
74%
High family concentration
CBD Transit
35-50 min
Via SmartBus/Freeway
Open Space
18%
Parkland and reserves
Ownership
79%
Owner-occupied
✅ Key Advantages
- Exceptional school zoning including Templestowe Valley Primary and Templestowe College.
- Large block sizes (typically 650sqm+) providing significant backyard space.
- Proximity to the Yarra River trail and Westerfolds Park for recreation.
- Low crime rates and a strong sense of community safety.
- High-quality local shopping at Macedon Square and Templestowe Village.
⚠️ Key Watch-Outs
- Severe traffic congestion on the Eastern Freeway during peak hours.
- Significant Landscape Overlays (SLO) can restrict tree removal and development.
- Hilly topography can lead to higher construction and renovation costs.
- Public transport is exclusively bus-based, which may deter some renters.
- Aging 1970s infrastructure in some pockets requiring significant capital expenditure.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Leafy Family
How this suburb feels day-to-day.
🏠 Property Types
Predominantly detached houses with a growing number of luxury townhouses.
Dominant dwelling stock.
💰 Price Range
$850k (Units) – $2.8m (Premium Houses)
Typical entry to ceiling.
💡 Why It Matters
Templestowe Lower offers a more accessible entry point than Templestowe while retaining the same school catchments and lifestyle benefits. It is a 'destination' suburb for families seeking long-term stability.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$1,585,000
$1.35m – $2.2m
🏢 Unit Median
$915,000
$750k – $1.2m
📈 Price Trend
+4.8% past 12 months
12-month movement
🔑 Weekly Rents
Houses $750pw, Units $620pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
The market has shown resilience against interest rate fluctuations due to high equity levels among local owner-occupiers.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
12% above Melbourne metro median
Price comparison
📋 Income Ratio
8.8x average household income
Median price ÷ median income
💳 Gross Yield
2.9% gross yield
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
Affordability is low for first-home buyers but considered fair for second or third-home buyers moving from inner-city locations.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
1.4%
Lower = tighter market
⏱️ Days to Lease
19 days
Avg time on market
📈 Rent Growth p.a.
+6.5% pa
Annual rental increase
Demand Level
High
👤 Tenant Profile
Professional families and staff from nearby Austin/Mercy hospitals.
💼 Investor Outlook
Capital growth is the primary play here rather than yield. Large land holdings offer long-term redevelopment potential into multi-unit sites (STCA).
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+4.8%
1-Year Growth
+11.5% cumulative
3-Year Growth
+31% cumulative
5-Year Growth
📍 Growth Drivers
- North East Link completion improving regional connectivity.
- Continued prestige of local government schools.
- Gentrification of 1970s housing stock through high-end renovations.
- Limited supply of new land in the Manningham corridor.
⛔ Headwinds
- High entry price point limiting the pool of buyers.
- Potential for increased traffic noise near major arterial road upgrades.
- Rising land tax and holding costs for investors.
🔮 5-Year Outlook
Expect steady, moderate growth. The suburb will likely outperform the wider Melbourne market due to its 'safe haven' status for families.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
9.1
Safety Score
Excellent
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
28% below metro average crime rate
Relative comparison
Risk Categories
Property Crime: Low
Personal Safety: Very Low
Traffic Incidents: Medium
📋 What to Check Locally
Standard home security is sufficient; the area is well-regarded for neighborhood watch culture.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
Environmental risks are generally low, with the primary concerns being planning constraints and traffic congestion.
🌊 Flood Risk
Low risk, though some properties near Ruffey Creek may be subject to localized inundation overlays.
🔥 Bushfire Risk
Minimal risk in the suburban core, but properties bordering the Yarra River parklands should check the Bushfire Management Overlay (BMO).
🏦 Insurance Impact
Standard premiums apply; no significant 'red-flag' insurance zones identified.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
General Residential Zone - Schedule 1 (GRZ1)
🔲 Overlays
Significant Landscape Overlay (SLO), Design and Development Overlay (DDO)
🏗️ Development Hotspots
Manningham Road and High Street corridors for medium-density townhouses.
Strict landscape overlays mean you often need a permit to remove even non-native trees, which can impact pool or extension plans.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Bus-dependent; SmartBus routes 905 and 907 provide direct CBD links.
🛍️ Amenity & Retail
Excellent; Macedon Square and Bulleen Plaza provide diverse retail and dining.
🌲 Parks & Recreation
Superior; access to Birrarung Park, Finns Reserve, and Ruffey Lake Park.
🏫 Schools
Top-tier; highly sought-after public school zones drive property values.
🏥 Healthcare
Good; proximity to Manningham Medical Centre and Austin Hospital (Heidelberg).
👥 Demographics
Who lives here — income, age, ownership, and education levels.
A mature, affluent demographic with a high proportion of multi-generational households.
💵 Median Income
$105,000 pa
🏠 Ownership
79% owner-occupied, 21% renting
🎂 Age Profile
Median age 42
🎓 Education
High; 38% of residents hold a bachelor's degree or higher.
📊 Age Distribution
The high owner-occupancy rate ensures properties are generally well-maintained and streetscapes remain attractive.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
The North East Link project is the most significant infrastructure influence in the region.
📈 Positive Impacts
- Reduced travel times to the northern and south-eastern suburbs.
- Removal of heavy trucks from some local arterial roads.
- New walking and cycling paths connecting to the Yarra trail.
📉 Negative Impacts
- Construction noise and dust during the project lifecycle.
- Increased traffic density at major interchange points.
- Loss of some established vegetation along the freeway corridor.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Templestowe
Position
East
Price
20% more expensive
Lifestyle
Larger 'acreage' style lots and more prestige homes.
Best for
High-net-worth buyers seeking privacy.
📍Doncaster
Position
South
Price
Similar for houses, cheaper for units
Lifestyle
More urbanized with high-rise apartments and major retail.
Best for
Young professionals and downsizers.
📍Bulleen
Position
West
Price
5-10% cheaper
Lifestyle
Closer to the city but more impacted by freeway noise.
Best for
Commuters looking for value.
📍Lower Plenty
Position
North
Price
Similar
Lifestyle
Semi-rural feel across the river.
Best for
Those wanting a 'country' feel near the city.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Viewbank
VIC
8.0/10
Strong school focus and hilly, leafy terrain.
Mount Waverley
VIC
8.5/10
Premium family demographic and high-performing schools.
Wheelers Hill
VIC
7.8/10
Elevated views and 1970s brick veneer character.
St Ives
NSW
8.4/10
Upper-middle-class family enclave with no rail access.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents value the suburb for its safety, 'village' feel, and the quality of local schools, though some express frustration with peak-hour traffic.
★★★★★
Family Life
The best place to raise kids in the east; the parks are incredible and we know all our neighbors.
Safety
Community
★★★☆☆
Transport
The buses are frequent but the freeway is a nightmare after 7:30 AM.
Traffic
Bus Service
★★★★☆
Value
We bought a fixer-upper 70s home and the capital growth has already been great.
Growth
Renovation Potential
★★★★★
Amenity
Having Macedon Square nearby means I rarely have to leave the suburb for daily needs.
Convenience
★★★★☆
Lifestyle
It's quiet and green, which is a nice break from the city, but you definitely need a car.
Environment
Car Dependency
★★★★★
Market Demand
Properties in the Templestowe Valley Primary zone always see the most competitive bidding.
Demand
Education
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Prioritize properties within the Templestowe College or Templestowe Valley Primary catchments for best resale value.
- Check for Significant Landscape Overlays (SLO) before planning any major landscaping or extensions.
- Look for homes with elevated positions to secure views of the Dandenong Ranges or Kinglake.
- Inspect the condition of retaining walls on hilly blocks as these can be expensive to repair.
- Consider the impact of the North East Link on specific streets regarding noise and traffic flow.
- Target 1970s 'original condition' homes for the best value-add opportunities.
❓ Questions to Ask the Agent
- Is this property within the Templestowe Valley Primary School catchment zone?
- Are there any active Significant Landscape Overlays that prevent tree removal?
- What is the distance to the nearest North East Link ventilation stack or interchange?
- Has the home been tested for asbestos, given its construction era?
- Are there any easements on the block that would restrict a pool or extension?
- What are the average utility costs for a home of this size and age?
- How many offers have been received from developers versus owner-occupiers?
🏷️ Seller Strategy
- Highlight energy-efficient upgrades, as many older homes in the area have poor thermal performance.
- Emphasize the proximity to the Yarra River trails in marketing materials.
- Professional styling is essential to help buyers visualize modern living in older floorplans.
- Ensure gardens are neatly manicured to comply with the suburb's 'leafy' reputation.
- Provide a clear school zone map in the property brochure.
📣 Positioning Tips
Position the property as a 'forever home' in a safe, prestigious community. Focus on the lifestyle benefits of the nearby parklands and the academic reputation of local schools.
💼 Investment Case
Long-term capital growth through land banking or medium-density development.
⚠️ Investment Risks
Low rental yields and high maintenance costs on older housing stock.
📈 Action Plan
- Target blocks over 700sqm with wide frontages for future townhouse potential.
- Ensure the property is within a 10-minute walk of a SmartBus stop.
- Perform a thorough asbestos check on any pre-1990 builds.
- Focus on 3-4 bedroom houses to capture the dominant family rental market.
🔑 Renter Tips
- Apply early for properties in school zones as competition is fierce in January/February.
- Check the heating/cooling systems, as older homes can be costly to climate control.
- Verify the bus schedule if you don't intend to drive daily.
🏘️ What Renters Love Here
Access to high-quality public schools and a safe, quiet environment.
⚠️ Renter Watch-Outs
Limited nightlife and entertainment options within walking distance.
🏢 Landlord Strategy
- Consider pet-friendly policies to appeal to the high number of families in the area.
- Regularly maintain gutters and trees to manage the leafy environment.
- Upgrade insulation to meet modern rental standards and improve tenant retention.
📋 Compliance & Management
Ensure all gas and electrical safety checks are up to date as per Victorian rental laws.
🤝 Agent Insights
- The 'Golden Mile' pocket near the river remains the most prestigious area.
- Buyers are increasingly wary of freeway noise; acoustic testing can be a selling point.
- Multi-generational living features (e.g., downstairs master suites) are in high demand.
🎯 Marketing Angles
The perfect balance of suburban tranquility and metropolitan convenience.
👤 Target Buyer Profile
Established families upgrading from inner-city townhouses or apartments.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Verify school catchment via findmyschool.vic.gov.au.
✓
Order a building and pest inspection focusing on sub-floor dampness.
✓
Check the Section 32 for any Manningham Council planning overlays.
✓
Review the North East Link project maps for local traffic changes.
✓
Assess the condition of the roof and guttering due to heavy tree coverage.
✓
Confirm the presence of any underground drainage easements.
✓
Test the water pressure and plumbing in original 1970s bathrooms.
✓
Evaluate the slope of the block for potential drainage issues.
✓
Check for any heritage or character overlays that may restrict renovations.
✓
Verify the proximity to the nearest high-frequency bus stop.
✓
Investigate the history of any major renovations or extensions for permits.
✓
Assess the noise levels during peak hour if near Manningham Road.
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
🔗 manningham.vic.gov.au
🔗 planning.vic.gov.au
🔗 abs.gov.au
🔗 findmyschool.vic.gov.au
🔗 mapshare.vic.gov.au
⚠️ Important Disclaimer
This report is based on data available as of March 2026 and contains projections. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent research and consult with professionals before making any property purchase.
