2/28 Reichelt Avenue

Montmorency VIC 3094

The size of Montmorency is approximately 3.8 square kilometres. It has 18 parks covering nearly 7.1% of total area. The population of Montmorency in 2011 was 8,758 people. By 2016 the population was 8,939 showing a population growth of 2.1% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation. In 2011, 80.1% of the homes in Montmorency were owner-occupied compared with 80.2% in 2016.

Montmorency has 4,459 properties. Over the last 5 years, Houses in Montmorency have seen a 29.20% increase in median value, while Units have seen a 21.86% increase. As at 30 September 2024:

• The median value for Houses in Montmorency is $1,140,199 while the median value for Units is $798,612.
• Houses have a median rent of $650 while Units have a median rent of $535.