Templestowe Lower's three-bedroom houses are the standout this month, clearing at 76 per cent, the strongest result across the whole office. Ninety have sold this year in a brisk six weeks, well ahead of the pace elsewhere.
Four-bedroom family homes are close behind at 64 per cent clearance with 118 sales, while five-bedroom homes above $1.6 million are clearing well too at 72 per cent, if a little slower at around ten weeks. Apartments play a smaller role, with two and three-bedroom units making up a modest share of overall sales.
Buyers here are firmly upsizers, and with 83 per cent of homes owner-occupied, this is a settled family market. Presentation, natural light and functional floorplans are what is deciding each sale, and in the $1.2 million to $2 million range, campaigns that nurture the buyer through to a decision are consistently outperforming those that chase a fast result.
Median sale price for houses in Templestowe Lower is $1,335,000, up 2.7% from last year.
Median sale price for units in Templestowe Lower is $775,051, up 6.8% from last year.
Properties sold for houses in Templestowe Lower is 240, down 4.4% from last year.
Properties sold for units in Templestowe Lower is 46, up 4.5% from last year.
Auction clearance for houses in Templestowe Lower is 71.5%, up 6.7% from last year.
Auction clearance for units in Templestowe Lower is 66.7%, down 28.2% from last year.
Av days on market for houses in Templestowe Lower is 56, up 43.6% from last year.
Av days on market for units in Templestowe Lower is 30, down 61.5% from last year.
$1,550,000
$1,460,500
$1,335,000
$1,325,000
$1,270,000
$1,220,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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