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City of Banyule

Montmorency

Montmorency Property Market
& Suburb Profile

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MEDIAN PRICES IN MONTMORENCY

Median house price

(all agencies, last 12 months)$1.1m*

House price change

(all agencies, last 12 months)-0.87%

Median unit price

(all agencies, last 12 months)$785k*

Unit price change

(all agencies, last 12 months)-8.77%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MONTMORENCY price TRACKER

HousesUnits

Montmorency sales overview

  • Sold by Auction 50%
  • Sold by Private Sale or Other Method 50%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)34

Auction clearance rate in Montmorency

(all agencies, last 12 months)50%

Average held period in Montmorency

(proptrack)14 years

Montmorency Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$722pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$623pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)3.04%

Average rental yield for Units

(all agencies, last 12 months)3.76%

Montmorency total population size

(as at the last census)9,250

Median household size in Montmorency

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Montmorency property types

  • Houses 42%
  • Units 24%
  • Other 34%

OCCUPANCY in Montmorency

  • Owned 81%
  • Rented 17%
  • Other/Not Stated 2%
  • Singles 23%
  • Families 75%
  • Other 2%

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About Montmorency

Montmorency, affectionately known as "Monty," is a highly regarded and established residential suburb located approximately 18 kilometres northeast of the Melbourne CBD, offering a truly unique blend of village charm and country-like serenity, making it exceptionally appealing to families and long-term owner-occupiers.

The suburb boasts a strong sense of community, centred around the charming and vibrant Were Street village precinct, which is a popular local hub featuring a mix of cafes, boutique shops, artisan bakeries, and essential services, all fostering a close-knit and social atmosphere.

Characterised by its leafy, hilly terrain, the housing market consists predominantly of spacious, single-family homes on generous blocks, increasingly complemented by modern, low-maintenance townhouses that cater to downsizers and those seeking entry into this blue-chip area.

Educational facilities are a major drawcard, with well-regarded schools including Montmorency Primary School and Montmorency Secondary College contributing significantly to the suburb's enduring family appeal.

Connectivity is a key strength for commuters, with the Montmorency Train Station on the Hurstbridge line providing a direct rail link to the city, supplemented by an efficient bus network and good road access via major arterials. Furthermore, the lifestyle is enhanced by an abundance of green spaces and natural reserves, such as Montmorency Park and the tranquil Plenty River corridor, which offer picturesque walking trails, recreational facilities, and a welcome feeling of seclusion from the city bustle.

For investors, the area's high owner-occupier rate, stable market performance, and consistent rental demand driven by its quality schooling and unique lifestyle ensure its standing as a safe and reliable choice.

Education

Montmorency Primary School
Montmorency Secondary College
Montmorency South Primary School
St Francis Xavier Primary School
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Sales Comparison

Find out how Montmorency median sales prices compare to neighbouring suburbs.

Montmorency MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025190$962,500-0.86%106$673pw3.40%
2024187$991,2501.79%110$616pw3.33%
2023163$969,0001.82%126$575pw3.08%
2022158$1,005,000-5.09%173$523pw2.95%
2021191$993,75027.08%150$506pw2.56%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025190$962,500-0.86%
2024187$991,250+1.79%
2023163$969,000+1.82%
2022158$1,005,000-5.09%
2021191$993,750+27.08%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025106$673pw3.40%
2024110$616pw3.33%
2023126$575pw3.08%
2022173$523pw2.95%
2021150$506pw2.56%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.