Templestowe

With a diverse mix of age groups, strong educational opportunities, and a significant proportion of professionals and managers in the workforce, Templestowe offers a vibrant community lifestyle. Residents benefit from convenient commuting options including a high percentage of people working from home. The suburb also has a low social housing ratio and a relatively low vacancy rate, indicating a stable and sought-after residential location. Templestowe presents opportunities for investors looking to enter the market with both houses and units. With a significant market absorption rate for units, property prices may experience positive growth. The suburb's high proportion of professionals and technicians could attract tenants seeking quality rental accommodation. Additionally, the data suggests strong demand for rental units with a low vacancy rate, making it a potentially lucrative investment for landlords. Templestowe, with its strong educational advantage, diverse age groups, and convenient commuting options, provides an attractive and stable living environment for residents. Investors have the potential to capitalize on the suburb's high market absorption rate for units and the demand from a professional tenant base. Whether looking to settle down or expand a property portfolio, Templestowe offers a blend of lifestyle benefits and investment opportunities. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022