Market snapshot
Suburb insights for Montmorency3094
Change suburbMontmorency is located 18 km north-east of the CBD. Located in Melbourne's outer north-east Montmorency is a small but hilly residential suburb. Montmorency is bisected by the Hurstbridge railway line and also features a number of parks along the Plenty River which forms the western border of the suburb. The suburb has a professional work force with over 30% employed as managers administrators and professionals.
Sales data
Median sale price
$1.2mil
Quarterly price change
0.9%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Montmorency | Metro comparison |
|---|---|---|
| 2 | $811,500 | $890,000 |
| 3 | $1,100,000 | $815,000 |
| 4 | $1,221,751 | $950,000 |
| Insight | Montmorency | Metro comparison |
|---|---|---|
| Clearance rate | 80% | 79.5% |
| Days on market | 26.5 | 39 |
Rental data
Median weekly rent
$673
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Montmorency | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $665 | $550 |
| 4 | - | $600 |
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