Unit 103,
181-183 MANNINGHAM ROAD Templestowe Lower VIC 3107

About Templestowe Lower

With an average age of 43, households expect an average monthly mortgage payment of $2,600 or a weekly rent payment of $450. The average family earns a weekly income of $1,875 with a typical household size of 2.4 and a 91.23% employment rate.

Consistent high demand relative to supply is a key feature in Templestowe Lower driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Templestowe Lower are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Templestowe Lower provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Templestowe Lower necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Templestowe Lower we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Templestowe Lower a better buying opportunity than it may have been in the past.

Public Transport

Stop 47: North Balwyn Shopping Centre Stop 47: North Balwyn Shopping Centre Stop 48: Sunburst Avenue Stop 48: Osburn Avenue Stop 49: Cityview Road Stop 49: Buchanan Avenue Stop 50: Dight Avenue Stop 50: Hill Road Stop 51: Balwyn Road Rosanna

General Points of Interest

Green Acres Golf Club Macedon Plaza Cussen Memorial Strathallan Golf Club Beckett Park Lookout Tower YMCA Macleod Recreation and Fitness Centre Doncaster Action Indoor Sports Pavillion Boroondara Tennis Centre Camberwell Central

Population

(Country of Birth not stated 3%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Templestowe College Templestowe Valley Primary School

• Bulleen Heights School

  Bulleen, VIC, 3105 State U

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• Templestowe College

  Templestowe Lower, VIC, 3107 State 7-12

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• Belle Vue Primary School

  Balwyn North, VIC, 3104 State Prep-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website