Greensborough vs Montmorency
Greensborough (median $1,028,500) is roughly 11% cheaper to buy into than Montmorency ($1,150,000).
Buying in Greensborough or Montmorency?
Selling in Greensborough? The free selling guide
Greensborough and Montmorency side by side
| Measure | Greensborough | Montmorency |
|---|---|---|
| Price and market | ||
| Median house | $1,028,500 | $1,150,000 |
| Median unit | $745,800 | $862,500 |
| Renting | ||
| House rent | $570/wk | $650/wk |
| Unit rent | $490/wk | $500/wk |
| Owner occupied | 80.0% | 81.0% |
| Renter occupied | 17.0% | 17.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1077 | 1100 |
| Lifestyle and people | ||
| Walk score | 100 | 72 |
| Transit score | 30 | 0 |
| Bike score | 100 | 100 |
| Population | 21,070 | 9,250 |
| Median age | 41 | 41 |
| Climate | ||
| Annual rainfall | 665 mm | 665 mm |
| Mean max, January | 27.3°C | 27.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Greensborough 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 Montmorency (1100) sits above Greensborough (1077).
- For buyers
- Greensborough is the lower entry point at $1,028,500 median, 11% 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 2.88%), favouring cash-flow investors.
- For families
- Montmorency edges out on average school ICSEA (1100 vs 1077).
Greensborough vs Montmorency: common questions
Is Greensborough or Montmorency cheaper to buy in?
Greensborough has the lower median house price at $1,028,500, roughly 11% below Montmorency ($1,150,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Greensborough or Montmorency have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Montmorency scores 1100 vs 1077 in Greensborough. 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, Greensborough or Montmorency?
Greensborough 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, Greensborough or Montmorency?
Gross rental yield on houses is 2.94% in Montmorency vs 2.88% in Greensborough. 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.
Keep comparing
The two suburbs
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