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Templestowe Lower is a well-established suburb located 14 km northeast of Melbourne's CBD, within the City of Manningham. With a population of 14,098 (2021 census), this 6 km² area offers residents a unique combination of riverside living, natural beauty, and suburban convenience. The suburb's name reflects its position downstream from neighboring Templestowe along the Yarra River.
Templestowe Lower is strategically bounded by Rose Avenue, Russell Street and Sheahans Road to the west, the Yarra River to the north, Ruffey Creek and Williamsons Road to the east, and Manningham Road to the south. This positioning provides excellent connectivity while maintaining the suburb's distinct character and natural boundaries.
The land has been home to the Wurundjeri people for thousands of years. European settlement began in 1841 when Sydney solicitor Frederic Unwin purchased 5,120 acres under the Special Survey regulations, establishing what was known as "Unwin's Special Survey." The area saw significant development in the 1970s with many European immigrants contributing to its multicultural character.
The suburb boasts exceptional natural amenities with two beautiful parks along the Yarra River - Birrarung Park and Finns Reserve. Both offer walking tracks, river access for swimming and rafting, and the nature-themed playground at Wombat Bend Park. The Ruffey Trail provides additional recreational opportunities for walking and cycling enthusiasts.
Templestowe Lower is well-served educationally with two government primary schools (Templestowe Valley Primary School and Templestowe Heights Primary School), one Catholic primary school (St Kevin's), and Templestowe College for secondary education, ensuring comprehensive educational pathways for local families.
While the suburb lies between three existing rail lines (Hurstbridge and Lilydale/Belgrave), it benefits from excellent and frequent bus services connecting residents to Melbourne CBD and nearby train stations. Main roads include High Street, Lynwood Parade, Thompsons Road, Manningham Road, and Williamsons Road, providing good vehicular access throughout the area.
The suburb features practical amenities including Macedon Square and Macedon Plaza shopping centers, and the popular Templestowe Hotel. The Aquarena Aquatic and Leisure Centre provides world-class recreational facilities, making it a hub for community activities and fitness.
Data updated July 2025
Median price
$1,345,000
Avg days on market
41
Auction clearance
75%
Buyer demand
Low
Annual growth
-3.9%
Properties sold
179
Homes in Templestowe Lower are showing steady interest with a median price of $1,345,000 and -3.9% annual growth. Properties typically sell within 41 days, with 3886 interested buyers recorded in the last period.
Explore the Templestowe Lower area and discover what makes this VIC suburb an attractive place to live and invest.
Interactive map showing Templestowe Lower and surrounding areas
Whether you're considering selling, refinancing, or simply want to understand your property's current market value, a professional appraisal provides crucial insights for Templestowe Lower homeowners.
Know if it's the right time to sell in Templestowe Lower
Leverage your home's equity for better loan terms
Make informed decisions about renovations and upgrades
Ensure adequate coverage for your property's true value
Data updated July 2025
Data updated July 2025
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Templestowe Lower offers an exceptional combination of lifestyle, convenience, and investment potential that makes it highly attractive to buyers and investors alike.
Top-rated primary and secondary schools nearby
Excellent public transport and highway access
Vibrant local shops, cafes, and restaurants
Beautiful parks and recreational facilities