Templestowe Lower

An assessment of population growth drivers in Templestowe Lower reveals an overall ranking slightly below national averages considering recent, and medium term trends

The estimated population of Templestowe Lower as of November 2025 is around 14,367 people. This figure reflects an increase of 269 individuals since the 2021 Census, which reported a population of 14,098. The increase is inferred from AreaSearch's estimation of the resident population at 14,388 following examination of ABS's latest ERP data release in June 2024, along with an additional 102 validated new addresses since the Census date. This results in a population density ratio of 2,447 persons per square kilometer, placing Templestowe Lower in the upper quartile relative to other locations assessed by AreaSearch. Overseas migration was primarily responsible for this population growth.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses the VIC State Government's Regional/LGA projections from 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on aggregated SA2-level projections, Templestowe Lower is expected to increase by 1,508 persons to the year 2041, reflecting an overall increase of 10.9% over the 17-year period. This growth is just below the median for Australian statistical areas.

Residential development activity is slightly higher than average within Templestowe Lower when compared nationally

AreaSearch analysis of ABS building approval numbers indicates Templestowe Lower has had approximately 85 new homes approved annually over the past five financial years, totalling an estimated 426 homes. As of FY-26, 20 approvals have been recorded. On average, 0.4 new residents per year have arrived for each new home built between FY-21 and FY-25, suggesting supply meets or exceeds demand. The average dwelling value is $731,000, indicating a focus on premium properties.

Commercial approvals this financial year amount to $7.6 million, reflecting the area's residential character. Templestowe Lower maintains similar construction rates per person compared to Greater Melbourne, supporting market stability. Building activity shows 31.0% standalone homes and 69.0% medium to high-density housing, offering affordable entry pathways for downsizers, investors, and first-time buyers. This shift from the current 81.0% houses reflects reduced development sites and changing lifestyle demands. With around 198 people per dwelling approval, Templestowe Lower exhibits low density characteristics.

AreaSearch projects Templestowe Lower to add 1,561 residents by 2041, with current development rates comfortably meeting demand and potentially supporting growth beyond projections.

Templestowe Lower has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Infrastructure changes significantly influence an area's performance. AreaSearch has identified 22 projects likely impacting the area. Notable projects include Eastern Freeway Upgrades, Templestowe Road Duplication and Upgrade, North East Link - Doncaster Interchange Upgrades, Aquarena Outdoor Masterplan Redevelopment. Below is a list of most relevant projects.

Professional plan users can use the search below to filter and access additional projects.

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Templestowe Lower has seen below average employment performance when compared to national benchmarks

Templestowe Lower has a highly educated workforce with strong representation in professional services. The unemployment rate was 4.4% as of June 2025, which is 0.3% lower than Greater Melbourne's rate of 4.6%.

Employment growth over the past year was estimated at 3.4%. Out of 7,311 residents in work, leading employment industries include health care & social assistance, professional & technical services, and retail trade. Retail trade is particularly specialized with an employment share of 1.2 times the regional level, while manufacturing is under-represented at 4.9% compared to Greater Melbourne's 7.2%. Workforce participation lags behind Greater Melbourne at 57.7%.

Employment levels increased by 3.4% and labour force grew by 3.1% during the year to June 2025, leading to a fall in unemployment of 0.3 percentage points. National employment forecasts from Jobs and Skills Australia, released in Sep-22, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Templestowe Lower's employment mix suggests local employment should increase by 7.0% over five years and 14.1% over ten years.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

Templestowe Lower had a median taxpayer income of $51,196 and an average of $73,486 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This is higher than Greater Melbourne's median income of $54,892 and average income of $73,761. By September 2025, based on a 12.16% Wage Price Index growth since financial year 2022, the estimated median income would be approximately $57,421 and the average would be around $82,422. Census 2021 data shows Templestowe Lower's household income ranks at the 60th percentile ($1,920 weekly) and personal income at the 40th percentile. Most locals (29.3%, or 4,209 people) fall into the $1,500 - 2,999 income category. After housing costs, 85.5% of income remains for other expenses. The area's SEIFA income ranking places it in the 8th decile.

Templestowe Lower is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

The latest Census revealed that in Templestowe Lower, 80.8% of dwellings were houses, with the remaining 19.2% being semi-detached, apartments, or other types. This compares to Melbourne metro's figures of 67.1% houses and 32.9% other dwellings. Home ownership in Templestowe Lower stood at 48.5%, with mortgaged dwellings at 33.4% and rented ones at 18.1%. The median monthly mortgage repayment was $2,500, higher than Melbourne metro's average of $2,400. The median weekly rent in Templestowe Lower was $475, compared to Melbourne metro's $462. Nationally, Templestowe Lower's median monthly mortgage repayment is significantly higher at $1,863, while the median weekly rent is substantially above the national average of $375.

Templestowe Lower features high concentrations of family households, with a higher-than-average median household size

Family households account for 78.8% of all households, including 39.3% couples with children, 27.0% couples without children, and 11.4% single parent families. Non-family households constitute the remaining 21.2%, with lone person households at 19.4% and group households comprising 1.8%. The median household size is 2.7 people, which is larger than the Greater Melbourne average of 2.6.

Templestowe Lower shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Templestowe Lower's educational attainment exceeds national averages, with 40.5% of residents aged 15+ possessing university qualifications compared to Australia's 30.4%. Bachelor degrees are most prevalent at 26.5%, followed by postgraduate qualifications (10.3%) and graduate diplomas (3.7%). Vocational pathways account for 24.4%, with advanced diplomas at 11.4% and certificates at 13.0%. Educational participation is high, with 27.4% of residents currently enrolled in formal education: 8.8% in primary, 7.9% in secondary, and 5.4% in tertiary education.

The area's five schools have a combined enrollment of 2,144 students. Templestowe Lower has significant socio-educational advantages and academic achievement (ICSEA: 1100). Education provision is balanced with three primary and two secondary schools serving distinct age groups.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Templestowe Lower has 61 operational public transport stops, all of which are bus services. These stops are served by 21 unique routes that collectively facilitate 6,047 weekly passenger trips. The area's transport accessibility is assessed as good, with residents typically residing 209 meters from the nearest transport stop.

On average, there are 863 daily trips across all routes, which equates to approximately 99 weekly trips per individual stop.

Templestowe Lower's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low across both younger and older age cohorts

Templestowe Lower residents show favourable health outcomes, with low prevalence of common conditions across both younger and older age groups.

Private health cover is high at approximately 56% (~8,023 people). The most prevalent medical conditions are arthritis (7.7%) and asthma (6.2%), while 71.6% report no medical ailments, compared to 74.0% in Greater Melbourne. As of 2016, 23.2% (~3,333 people) are aged 65 and over. Health outcomes among seniors are above average, mirroring the general population's health profile.

Templestowe Lower is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Templestowe Lower has a high level of cultural diversity, with 41.0% of its population born overseas and 46.4% speaking a language other than English at home. Christianity is the predominant religion in Templestowe Lower, making up 55.8% of the population. Judaism, however, is overrepresented compared to Greater Melbourne, comprising 0.5% of Templestowe Lower's population versus 0.3%.

In terms of ancestry, the top three groups are Chinese (17.0%), English (15.0%), and Australian (14.1%). Some ethnic groups show notable differences in representation: Greek is overrepresented at 9.5% compared to the regional average of 7.6%, Italian at 9.7% versus 8.3%, and Macedonian at 1.0% compared to 0.7%.

Templestowe Lower hosts an older demographic, ranking in the top quartile nationwide

The median age in Templestowe Lower is 45 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's median age of 38 years. Compared to Greater Melbourne, Templestowe Lower has a higher proportion of residents aged 75-84 (8.8%) but fewer residents aged 25-34 (9.3%). According to the 2021 Census, the population aged 15-24 increased from 10.7% to 12.6%, while the proportion of those aged 75-84 decreased from 10.0% to 8.8%. By 2041, demographic projections indicate significant shifts in Templestowe Lower's age structure. The population aged 85 and above is expected to grow by 56%, reaching 1,078 people from 689. Conversely, the populations aged 0-4 and 35-44 are projected to decline.