Montmorency, VIC 3094

Montmorency, VIC 3094

Compare Part of Banyule

17.52 km
Distance from CBD
9 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$480,000
0.0% $228,500 $1,150,000 117
2010
$565,000
+15.0% $275,000 $1,600,000 125
2011
$550,000
-2.7% $330,000 $1,060,000 121
2012
$541,500
-1.6% $380,000 $990,000 93
2013
$554,000
+2.3% $326,000 $942,000 144
2014
$601,800
+7.9% $326,000 $1,230,000 157
2015
$720,000
+16.4% $412,000 $1,406,000 127
2016
$770,000
+6.5% $470,000 $2,000,000 115
2017
$872,000
+11.7% $480,000 $1,750,000 125
2018
$910,000
+4.2% $530,000 $2,350,000 96
2019
$851,500
-6.9% $548,000 $1,600,000 114
2020
$911,000
+6.5% $550,000 $1,930,000 101
2021
$1,150,000
+20.8% $690,000 $3,207,000 118
2022
$1,100,000
-4.5% $420,000 $3,260,000 110
2023
$1,100,000
0.0% $577,500 $2,800,000 100
2024
$1,180,000
+6.8% $720,000 $1,725,000 17
Median Sale Price
$1.07M
Based on 97 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-2.8%
Current Median Price: $1,070,000
Previous Median Price: $1,100,000
Based on 202 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$375
0.0% $220 $560 53
2012
$365
-2.7% $250 $575 61
2013
$375
+2.7% $220 $820 82
2014
$400
+6.3% $285 $740 65
2015
$415
+3.6% $280 $950 111
2016
$420
+1.2% $270 $610 86
2017
$450
+6.7% $330 $850 87
2018
$470
+4.3% $320 $850 71
2019
$480
+2.1% $250 $750 81
2020
$480
0.0% $290 $980 65
2021
$540
+11.1% $310 $1,000 71
2022
$500
-8.0% $320 $795 83
2023
$595
+16.0% $200 $1,078 50
2024
$620
+4.0% $495 $700 10
Median Rent Price
$615
per week
Based on 48 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+15.4%
Current Median Rent: $615
Previous Median Rent: $520
Based on 122 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,070,000
Current Median rent: $615
Based on 145 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Montmorency

Houses sold in Last 12 months ends 23 Mar 2024

$1.05M

Median Sale Price

78%

Clearance Rate

24/31

Sold/Reported

$1.56M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.4 M - $1.6 M 2
$1.2 M - $1.4 M 3
$1 M - $1.2 M
(Median Price Range)
7
$800 K - $1 M 10

Schools closest to Montmorency, VIC 3094

School name Address Type Sector Distance
Montmorency Primary School RATTRAY ROADMontmorency 3094 Primary Government 0.05 km
St Francis Xavier Primary School 90 MAYONA RDMontmorency 3094 Primary Catholic 0.54 km
Montmorency Secondary College PARA ROADMontmorency 3094 Secondary Government 0.91 km
Briar Hill Primary School GLADSTONE ROADBriar Hill 3088 Primary Government 1.13 km
Lower Plenty Primary School 126-146 MAIN ROADLower Plenty 3093 Primary Government 1.19 km
Montmorency South Primary School 64 BUENA VISTA DRIVEMontmorency 3094 Primary Government 1.15 km
Sherbourne Primary School OUTLOOK CRESCENTBriar Hill 3088 Primary Government 1.24 km
Streeton Primary School YALLAMBIE ROADYallambie 3085 Primary Government 1.75 km
Holy Trinity Primary School WEIDLICH RDEltham North 3095 Primary Catholic 2.49 km