Templestowe, located in the City of Manningham in Victoria, Australia, is a desirable suburb known for its natural beauty, family-friendly atmosphere, and convenient amenities. With access to parks, quality schools, and a vibrant community, Templestowe offers a range of residential areas suitable for different lifestyles. This article explores the best residential areas in Templestowe, providing information on culture, housing options, transportation, and average prices.
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Templestowe Village

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Templestowe Village is the heart of the suburb, featuring a mix of cafes, boutiques, and essential services. It is renowned for its vibrant atmosphere and community events, making it ideal for those seeking convenience and social engagement.
Characteristics of the Templestowe Village
* Culture: Thriving local businesses and cultural events
* Transportation: Well-serviced by public transport and walking paths
* Services: Groceries, healthcare facilities, and recreational areas
* Environment: Lively and community-oriented
Housing Options in the Templestowe Village
Modern apartments, Townhouses, Single-family homes
Average Home Prices in the Templestowe Village
* Buying: $850,000 – $1,300,000
* Renting: $2,200 – $2,800/month
Westerfolds Park

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The Westerfolds Park area is an outdoor lover’s paradise, with extensive walking and cycling trails along the Yarra River and numerous green spaces. This residential area is perfect for families and individuals seeking an active lifestyle close to nature.
Characteristics of the Westerfolds Park
* Culture: Nature-oriented community and outdoor activities
* Transportation: Accessible by bus routes and walking paths
* Services: Nearby parks, barbecue areas, and picnic spots
* Environment: Relaxed and nature-focused
Housing Options in the Westerfolds Park
Luxury homes, Townhouses, Units
Average Home Prices in the Westerfolds Park
* Buying: $900,000 – $1,500,000
* Renting: $2,400 – $3,000/month
Templestowe Lower

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Templestowe Lower boasts a diverse range of housing options, from family homes to luxurious properties. The area is known for its peaceful ambiance, excellent schools, and proximity to shopping centres, making it ideal for families and professionals alike.
Characteristics of the Templestowe Lower
* Culture: Family-centric with a strong community feel
* Transportation: Good public transport connections and major roads
* Services: Schools, shops, cafes, and public facilities
* Environment: Suburban and family-friendly
Housing Options in the Templestowe Lower
Large family homes, Units, Townhouses
Average Home Prices in the Templestowe Lower
* Buying: $750,000 – $1,200,000
* Renting: $2,100 – $2,700/month
Yarra Valley

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The Yarra Valley area is known for its stunning views, wineries, and relaxed countryside vibe. Though slightly further from the main commercial hubs, it offers a tranquil lifestyle away from the bustle of city life, making it perfect for those seeking serenity.
Characteristics of the Yarra Valley
* Culture: Wine and food culture, strong sense of community
* Transportation: Car essential, limited public transport available
* Services: Local markets and artisanal shops
* Environment: Peaceful and scenic
Housing Options in the Yarra Valley
Country-style homes, Acreages, Villas
Average Home Prices in the Yarra Valley
* Buying: $1,200,000 – $2,000,000
* Renting: $2,500 – $3,500/month
Manningham Park

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Manningham Park is a green oasis with parks and sporting facilities, making it an ideal area for families and those keen on outdoor activity. This community-focused suburb offers a friendly atmosphere while still being close to urban conveniences.
Characteristics of the Manningham Park
* Culture: Active recreation and family-oriented activities
* Transportation: Well-connected by public transport and roads
* Services: Community centres, shops, and schools
* Environment: Active and friendly
Housing Options in the Manningham Park
Family homes, Townhouses, Flats
Average Home Prices in the Manningham Park
* Buying: $800,000 – $1,300,000
* Renting: $2,200 – $3,000/month
Serpells

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Serpells is a tranquil area known for its leafy streets and spacious homes. This suburb offers a perfect blend of suburban living with accessibility to city amenities, making it a popular choice for families.
Characteristics of the Serpells
* Culture: Traditional family lifestyle with strong community ties
* Transportation: Several bus routes and close to major roads
* Services: Close to schools, parks, and shopping precincts
* Environment: Quiet and suburban
Housing Options in the Serpells
Single-family homes, Units
Average Home Prices in the Serpells
* Buying: $750,000 – $1,100,000
* Renting: $2,000 – $2,500/month
Frequently Asked Questions About the Best Residential Areas in Templestowe:
The best residential areas in Templestowe include Templestowe Village, Westerfolds Park, Templestowe Lower, Yarra Valley, Manningham Park, and Serpells.
Templestowe Lower and Manningham Park are both known for their family-friendly environments, with good schools and communities.
Westerfolds Park and the Yarra Valley boast significant green areas and outdoor facilities.
The average house price in Templestowe is between $750,000 and $2,000,000, depending on the area and property type.
Yes, Templestowe is serviced by various bus routes providing good connectivity to Melbourne and surrounding areas.
Templestowe offers a range of housing options, including modern apartments, townhouses, single-family homes, and larger rural properties.
Templestowe Village is ideal for young professionals due to its vibrant lifestyle and proximity to amenities.
Templestowe has a variety of well-regarded public and private schools, making it a great choice for families.
Yes, Templestowe is considered a safe suburb with low crime rates and a friendly community.
Rental prices in Templestowe range from around $2,000 to $3,500 per month, depending on the property type and location.
Conclusion on the Best Residential Areas in Templestowe:
Templestowe offers a variety of residential options for those looking to settle in Victoria's vibrant suburbs. With its excellent schools, recreational facilities, and community spirit, it is ideal for families, young professionals, and retirees alike. Each area within Templestowe presents different lifestyles—whether you prefer the bustling Templestowe Village, the calming nature of Westerfolds Park, or the family-friendly environment of Templestowe Lower, there is something for everyone. Consider your lifestyle preferences and budget while exploring the numerous properties available in this picturesque suburb.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.