Real Estate Montmorency, VIC, 3094 Banyule

Thinking about buying in Montmorency? Now could not be a better time, with a whopping 4824 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,315,000 with prices in this suburb ranging from $537,000 to $4,800,000.

Distance to the coast is 17 Km.

Montmorency Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Montmorency driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Montmorency ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Montmorency classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Montmorency requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Household makeup

Median Weekly Rent $406.57
Median Monthly Mortgage $2202.00
Median Persons Per Bedroom 0.77
Average Household Size 2.43
Average Age 44.00
Average Income $930.14
Average Cars Per Dwelling 1.67
Average Properties Within 50M 13

Housing Stock

Typical Property Prices

1 Bed $1,010,000
2 Bed $939,000
3 Bed $1,319,000
4 Bed $1,765,000
5 Bed $1,986,000
6 Bed+$1,714,000
Instant Property Valuation

Houses for sale Montmorency

BarryPlant UNIT 4, 2 GRAND BVD, MONTMORENCY, VIC, 3094 2 1 1 Price Guide: $480,000 - $520,000
BarryPlant UNIT 1, 46 COVENTRY ST, MONTMORENCY, VIC, 3094 4 2 2 Price Guide: $1.4m
BarryPlant UNIT 1, 18 CALROSSIE AV, MONTMORENCY, VIC, 3094 3 2 2 Price Guide: $850,000 - $900,000

Local Schools

Montmorency South Primary School

Montmorency Primary School

Montmorency Secondary College

St Francis Xavier's School

Sherbourne Primary School

Lower Plenty Primary School

Briar Hill Primary School

Eltham High School

Catholic Ladies' College Ltd

Streeton Primary School

(While the above schools are located with the suburb of Montmorency there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Montmorency weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Briar HillLower PlentyGreensboroughEltham NorthYallambieElthamSt HelenaViewbankWatsoniaWatsonia North

Public Transport

General Points of Interest

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