Eltham vs Montmorency.
Comparing two suburbs with median house prices of $1,263,500 and $1,150,000. Eltham edges out on more headline metrics in this comparison.
Montmorency (median $1,150,000) is roughly 10% cheaper to buy into than Eltham ($1,263,500).
Eltham scores higher on walkability (100/100 vs 72/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Eltham (1106) sits above Montmorency (1100).
For buyers
Montmorency is the lower entry point at $1,150,000 median, 10% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Montmorency offers the higher gross rental yield (2.94% vs 2.68%), favouring cash-flow investors.
For families
Eltham edges out on average school ICSEA (1106 vs 1100).
Common questions
Is Eltham or Montmorency cheaper to buy in?
Montmorency has the lower median house price at $1,150,000, roughly 10% below Eltham ($1,263,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Eltham or Montmorency have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Eltham scores 1106 vs 1100 in Montmorency. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Eltham or Montmorency?
Eltham scores 100/100 on walkability vs 72/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Eltham or Montmorency?
Gross rental yield on houses is 2.94% in Montmorency vs 2.68% in Eltham. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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