Suburb Profile

Suburb profile for,

Montmorency, VIC

Located in the dynamic state of VIC (postcode 3094), MONTMORENCY is a vibrant real estate market. This suburb holds a median house price of $1,100,000 and has demonstrated an average buying growth of Down -5.8%. Last month, 26 houses were available, with 80 transactions completed in the past year. Properties spend around 29 days on the market, reflecting the area's demand with 2640 interested buyers. The average rental yield stands at 2.6%, with a weekly median rent of $440 per week and an average rent growth of Down -6.8%. Rental properties usually stay on the market for 22 days. The population in 2016 was 8939, which changed by +2.10% in the past five years. The median weekly household income is $1,729, reflecting an income change of +18.51% over the past five years. Residents have a median age of 40 years, and the suburb has an average annual growth for houses of +4.52%. To fully take advantage of MONTMORENCY's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in MONTMORENCY, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Montmorency, VIC

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%

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