Suburb Profile

Suburb profile for,

Montmorency, VIC 3094

About Montmorency

Situated in Victoria's 3094 postcode, Montmorency is a well-established residential suburb.

Demographics and Community

Montmorency has a population of approximately 8,939, a median age of 40, a median weekly household income of $1,729.

Property Market Overview

The current median house price in Montmorency is $1,100,000. Average annual growth is -5.8%.

Properties in Montmorency spend an average of 29 days on market.

Rental Market

The median weekly rent for houses in Montmorency is $440. Gross rental yield is 2.60%.

Nearby Suburbs

Explore other suburb profiles in the area: Eltham, VIC, Diamond Creek, VIC, Briar Hill, VIC, Greensborough, VIC, Macleod, VIC.

Considering Montmorency for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Montmorency or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Montmorency, VIC 3094

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
MONTMORENCY
Postcode
3094
Median price for all dwellings
$1,100,000
Last 12 months growth return
Down -5.8%
Avg. dwellings for sale in the suburb every month
26
Avg. dwellings sold in the suburb in previous 12 months
80
Avg days on market for a dwelling listing to sell
29 days
Avg. number of people searching in this suburb every month
2640
Avg. rental yield per annum
2.60%
Weekly median rent for all dwellings
$440 per week
Median price for all houses
$1,100,000
Avg. rental yield growth in the previous 12 months
2.60%
Avg. days for a rental listing to find a tennant
22 days
Total suburb population in 2016
8939
Total suburb population change in 5 years up to 2016
2.10%
Avg. household income per week
$1,729
Median age of the population in the suburb
40
Historic avg annual growth return per annum in the suburb
4.52%