Real Estate Montmorency, VIC, 3094 Banyule

Thinking about buying in Montmorency? Now could not be a better time, with a whopping 4775 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,071,000 with prices in this suburb ranging from $530,000 to $1,939,000.

Distance to the coast is 18 Km.

Instant Valuation

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.

About

Household makeup

Median Weekly Rent $433.59
Median Monthly Mortgage $2210.45
Median Persons Per Bedroom 0.80
Average Household Size 2.69
Average Age 38.00
Average Income $1275.00
Average Cars Per Dwelling 2.83
Average Properties Within 50M 13.00

Typical Property Prices

2 Bed$545,000
3 Bed$972,927
4 Bed$1,230,250
5 Bed$1,731,000

Housing Stock

Houses for sale Montmorency

Barry Plant UNIT 4, 64 PARA RD, MONTMORENCY, VIC, 3094 2 1 1 SBSD Tues 22nd Nov @ 6pm $465,000-$495,000
Fletchers 39 NAPIER CR, MONTMORENCY, VIC, 3094 4 2 3 For Sale $1,500,000 - $1,600,000
Fletchers 122 SHERBOURNE RD, MONTMORENCY, VIC, 3094 4 1 2 For Sale $1,250,000- $1,350,000
McGrath UNIT 1, 22 GRAEME AV, MONTMORENCY, VIC, 3094 3 2 2 $900,000-$990,000

Local Schools

Montmorency Primary School

Montmorency South Primary School

Montmorency Secondary College

St Francis Xavier's 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


Montmorency weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Node

Hybrid Fibre Coaxial (HFC)

Satellite


Nearby Suburbs

Briar HillLower PlentyGreensboroughEltham NorthYallambieElthamSt HelenaViewbankWatsoniaWatsonia North

Public Transport

Montmorency - Less than 1 KM Stop 65: Grimshaw Street - Less than 10 KM Stop 68: Greenhills Road - Less than 10 KM Stop 68: Greenhills Road - Less than 10 KM Stop 69: Taunton Drive - Less than 10 KM Stop 69: Taunton Drive - Less than 10 KM Rosanna - Less than 10 KM Macleod - Less than 5 KM Watsonia - Less than 5 KM Diamond Creek - Less than 10 KM

General Points of Interest

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