Powered by MOMENTUM MEDIA
AREA REPORTS

Montmorency

Suburb Profile

Montmorency - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3094

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 1.85% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $906,500

The augmented property values in the suburb are trailing behind the territorial average of 7.64% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $480.

Home owners selling their properties and realtors in MONTMORENCY usually have to wait an average of 51.2 days days before their assets are lifted off the market.

The VIC suburb ranks 407th on the list of best yielding suburbs for rental properties in VIC, posting a 2.75% return.

It also places places 410th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $906,500 $733,750
GROWTH REPORT
Median Quarterly 1.26% 6.34%
Median 12 month 7.28% 11.17%
Median 3 years 1.85% 9.6%
Median 5 years 25.9% 35.63%
10 years average annual 4.99% 5.1%
Weekly media advert. rent $480 $430
Time on Market 51.2 days 45.3 days
Gross Rental Yield Percent 2.75% 3.05%
demographics (median values)
Total Population
8176
Weekly Household Income
1164
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Australia’s most popular rental suburbs revealed

Tenants should brace themselves for rental price hikes as tightening vacancy rates continue across the country, new research has revealed. ...

RBA makes cash rate call amid rumours it could be forced to reassess low rates

RBA insists on rate hold amid rumours it could be forced to reassess low rates

The Reserve Bank of Australia has made its second call on the official cash rate for this year, following its decision to cut the rate to...

Sydney house prices swell

Slightly ‘disappointing’ auction results, but Sydney house prices swell

The latest auction figures are showing a booming market, with buyers looking to make the most of the ultra-cheap money, but while their inte...

Australian home values rise

Australian home values rise at fastest rate in 17 years

Overall, Australian home values surged 2.1 per cent higher in February, the largest month-on-month change in CoreLogic’s national home va...

New stock on market in March

New stock on market in March, expert predicts

With the mismatch between supply and demand pushing prices higher, an expert believes new listing numbers could see a more substantial lift ...

Extreme disparity in Aussie rental markets revealed

Extreme disparity in Aussie rental markets revealed

The disparity in rental markets across Australia has been extreme, with overly tight rental conditions in Perth and Darwin contrasting the p...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.