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Investment Property Montmorency, VIC, 3094

Suburb Snapshot

Montmorency is a suburb in the Banyule Region of Victoria. Montmorency has a population of 8,968 people and 16.00% of its occupants live in rental accommodation. The median listing price for houses is $1,050,000 and this has changed 5.00% over the past year and changed 9.37% over 2 years.

The median rent in Montmorency for houses is $670 per week and the median rental yield is 3.31%. Stock on the market for houses/townhouses has changed -5.13% compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $690,000 and this has changed 0.00% over the past year. The average unit takes 45 days to sell and the median rent for a unit in Montmorency is $490 per week, producing a rental yield of 3.69%.

Supply & Demand in Montmorency, Banyule

0.41%

Current vacancy rate


16

Rental stock available


8,968

Population


16.00%

Rental population


0.82%

Current vacancy rate


465

Rental stock available


121,863

Population


22.40%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Montmorency, Banyule

  House Townhouses Units
Median listing price $1,050,000 $880,000 $690,000
Median price change - last quarter 4.76% 1.14% 1.53%
Median price change - 1 year 5.00% 1.14% 0.00%
Median price change - 2 years 9.37% -16.20% -4.17%
  House Townhouses Units
Median weekly rent $670 $680 $490
Median yield % 3.31% 4.01% 3.69%
Median rent change - 1 year 19.64% 11.47% 11.36%
  House Units
Previous month sales 12 2
Stock on market previous month 37 12
Stock variance vs. last year -5.13% 71.43%
Average days on market 52 45

Montmorency investment property listings

Showing 1 of 1 investment properties found in Montmorency on realestateinvestar.com.au

1/116 Para Rd, MONTMORENCY

$580,000

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VIC 3094


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