Templestowe's family market is firmly in upsizer territory, and four-bedroom homes are where the confidence sits. They are clearing at 69 per cent, the strongest result of any house bracket in the suburb, with 129 sales this year and steady buyer interest throughout the campaign.
Three-bedroom houses are more considered at $1.2 million with a 47 per cent clearance rate, and five-bedroom homes above $1.9 million are taking closer to three months to sell. Apartments are a smaller slice of the market, though three-bedroom units are clearing strongly at 80 per cent.
With 86 per cent of residents owning rather than renting and three in five households families, this remains a settled, established suburb. Buyers want move-in ready homes with strong natural light and functional floorplans, and in the $1.2 million to $2 million band, campaigns that nurture the buyer through the full process are earning the best outcomes.
Median sale price for houses in Templestowe is $1,550,000, down 4.2% from last year.
Median sale price for units in Templestowe is $901,500, up 33.0% from last year.
Properties sold for houses in Templestowe is 251, up 8.7% from last year.
Properties sold for units in Templestowe is 56, up 36.6% from last year.
Auction clearance for houses in Templestowe is 68.8%, down 2.7% from last year.
Auction clearance for units in Templestowe is 65.0%, up 30.0% from last year.
Av days on market for houses in Templestowe is 58, down 1.7% from last year.
Av days on market for units in Templestowe is 35, up 2.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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