Montmorency vs Greensborough.
Comparing two suburbs with median house prices of $1,150,000 and $1,028,500. Greensborough edges out on more headline metrics in this comparison.
Greensborough (median $1,028,500) is roughly 12% cheaper to buy into than Montmorency ($1,150,000).
Greensborough scores higher on walkability (72/100 vs 100/100 ), 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, 12% 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).
Common questions
Is Montmorency or Greensborough cheaper to buy in?
Greensborough has the lower median house price at $1,028,500, roughly 12% below Montmorency ($1,150,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Montmorency or Greensborough 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, Montmorency or Greensborough?
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, Montmorency or Greensborough?
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.
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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