At number 2392th in the list of Australian suburbs ordered by increase in median house value over the last year, Montmorency, 3094 is in the BOTTOM 50% with a property value increase of 2.85% recorded in median house prices.
If we look at median property appreciation over just the last three months, Montmorency has given property investors a paper return of 0.13%. This puts Suburb as 495 on a list of fastest fasting appreciating suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Montmorency, 3094. Typically our figures indicate that -7.89% is being offered, which puts this VIC suburb at 859th most discounted overall in Australia.
At number 1424 in a list of fastest selling suburbs, Montmorency is in the TOP 40% of suburbs in Australia with an average of days on market 71.14 for properties listed there.
Advertised rents are around the $415 mark per week – giving a return of 2.85% based on the median price in Suburb
Over the last year, property investments in Montmorency, 3094 have given investors a capital gain of 13.85%. This compares very favourably with the 3.11% for VIC as a whole.
A 32.52% growth in median value for property investors in Montmorency,3094 puts this suburb at number 155th in terms of best performing suburbs in VIC
Montmorency3094 is located in VIC which offers an average discount of -5.12% to property investors. Montmorency itself is showing figures that indicate -4.52% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $360 weekly from the median priced house in this suburb.