Side by sideSuburb comparison

Montmorency vs Eltham North.

Comparing two suburbs with median house prices of $1,150,000 and $1,331,000. Montmorency edges out on more headline metrics in this comparison.

Montmorency (median $1,150,000) is roughly 14% cheaper to buy into than Eltham North ($1,331,000).

Montmorency scores higher on walkability (72/100 vs 2/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Montmorency (1100) sits above Eltham North (1099). Eltham North skews owner-occupied (93%), Montmorency runs more rental-dense (81% owner).

The takeWhich suburb suits which buyer

For buyers

Montmorency is the lower entry point at $1,150,000 median, 14% 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 1.76%), favouring cash-flow investors.

For families

Montmorency edges out on average school ICSEA (1100 vs 1099). Eltham North also has a higher family-household share (90% vs 75%), so the catchment community skews family-heavy.

Common questionsMontmorency vs Eltham North

Common questions

Is Montmorency or Eltham North cheaper to buy in?

Montmorency has the lower median house price at $1,150,000, roughly 14% below Eltham North ($1,331,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Montmorency or Eltham North have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Montmorency scores 1100 vs 1099 in Eltham North. 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, Montmorency or Eltham North?

Montmorency scores 72/100 on walkability vs 2/100. 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, Montmorency or Eltham North?

Gross rental yield on houses is 2.94% in Montmorency vs 1.76% in Eltham North. 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

Montmorency
Metric
Eltham North

Price & Market

$1,150,000
Median house
$1,331,000
$862,500
Median unit
$362,160
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$650/wk
Rent (house / wk)
$450/wk
$500/wk
Rent (unit / wk)
$512/wk
81.0%
Owner occupied
93.0%
17.0%
Renter occupied
6.0%

Lifestyle & Demographics

72
Walk score
2
0
Transit score
0
100
Bike score
100
9,250
Population
6,830
41
Median age
42

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1100
Avg ICSEA
1099

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).