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Templestowe
Middle East · VIC
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URBANOS SCORE
Our model0/100
Our proprietary model — yield, supply pipeline, price growth, infrastructure and CBD proximity for new build investors
↓ Below Melbourne average·more data may improve this score as imports run
KEY METRICS
Gross yield
2.61%
Median rent / wk
$480
1yr price growth
-2.4%
Median unit price
$956k
Distance CBD
17.6km
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Data last updated: June 2026·Sources: CAV rent bonds, Valuer General, ABS Census, Victorian UDP·Stats reflect all properties in the suburb — new builds typically achieve higher yields and prices than the suburb median.
INFRASTRUCTURE & GROWTH DRIVERS
North East Link (under construction): North East Link under construction. New freeway linking M80 to Eastern Freeway through the area.
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Active developments (6)
27-29 SERPELLS ROAD
Under construction~ Likely Eligible
$ – $
19 of 19 available
39 GREENRIDGE AVENUE
Off the plan~ Likely Eligible
$ – $
10 of 10 available
121-125 JAMES STREET
Off the plan~ Likely Eligible
$ – $
35 of 35 available
348 PORTER STREET
Off the plan~ Likely Eligible
$ – $
10 of 10 available
348 PORTER STREET
Off the plan~ Likely Eligible
$ – $
10 of 10 available
348 PORTER STREET
Off the plan~ Likely Eligible
$ – $
10 of 10 available