Montmorency

Montmorency, VIC 3094 is a vibrant suburb with a diverse population. It has a moderate proportion of social housing and offers a range of amenities to residents. The majority of residents are professionals, followed by managers and technicians/tradeworkers. Commute to work mainly involves motor vehicles and working from home. The suburb's educational advantage for students in government schools is above average. Montmorency presents opportunities for house investors interested in renovating properties, with a high sale price IQR ratio indicating potential for value addition. The suburb has shown consistent growth in median house prices over the years, making it an attractive option for long-term property investment. Unit investors may benefit from the high market absorption rate, indicating strong demand in the rental market. Montmorency, VIC 3094 offers a comfortable lifestyle with good growth potential for property investors. The suburb's strong community of professionals and access to essential amenities make it an appealing choice for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022