Mentone vs Templestowe Lower
Property investment comparison - Mentone, VIC 3194 vs Templestowe Lower, VIC 3107
Head-to-head across core investment metrics: Mentone wins 4, Templestowe Lower wins 0. 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.
| Metric | Mentone | Templestowe Lower |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $660K | $930K |
| Gross rental yield (houses) | 3.07% | - |
| Gross rental yield (units) | 4.49% | 3.63% |
| 1-year house growth | +3.4%estimate | +2.2% |
| 3-year house growth | - | -3.0% |
| Vacancy rate | 0.9% | 1.6% |
| Population | 13,197 | 14,098 |
Mentone vs Templestowe Lower: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.4M in Mentone and $1.4M in Templestowe Lower.
For units, Mentone sits at a median of $660K against $930K in Templestowe Lower, which makes Mentone the more affordable unit market and Templestowe Lower the pricier one.
Over the past year house prices moved +3.4% in Mentone (an estimate) and +2.2% in Templestowe Lower, so recent momentum favours Mentone, although both suburbs recorded growth.
Rental vacancy is 0.9% in Mentone and 1.6% in Templestowe Lower, so landlords in Mentone 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 13,197, larger than Mentone; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mentone for recent price momentum, Mentone for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Full profile
Templestowe Lower, VIC 3107
Open Templestowe Lower suburb profileRecent sales in Templestowe Lower
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison