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Brunswick East vs Templestowe Lower

Property investment comparison - Brunswick East, VIC 3057 vs Templestowe Lower, VIC 3107

Head-to-head across core investment metrics: Brunswick East wins 4, Templestowe Lower wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBrunswick EastTemplestowe Lower
Median house price$1.4M$1.4M
Median unit price$535K$930K
Gross rental yield (houses)3.30%-
Gross rental yield (units)5.80%3.63%
1-year house growth+4.7%estimate+2.2%
3-year house growth--3.0%
Vacancy rate1.1%1.6%
Population13,27914,098

Brunswick East vs Templestowe Lower: what the numbers say

The median house price is $1.4M in Brunswick East and $1.4M in Templestowe Lower, so Templestowe Lower is the cheaper entry point, with Brunswick East houses about 1% dearer.

For units, Brunswick East sits at a median of $535K against $930K in Templestowe Lower, which makes Brunswick East the more affordable unit market and Templestowe Lower the pricier one.

Over the past year house prices moved +4.7% in Brunswick East (an estimate) and +2.2% in Templestowe Lower, so recent momentum favours Brunswick East, although both suburbs recorded growth.

Rental vacancy is 1.1% in Brunswick East and 1.6% in Templestowe Lower, so landlords in Brunswick East face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Templestowe Lower is the bigger suburb, with a population of 14,098 against 13,279, larger than Brunswick East; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Templestowe Lower for a lower purchase price, Brunswick East for recent price momentum, Brunswick East for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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