Side by sideSuburb comparison

Montmorency vs Templestowe.

Comparing two suburbs with median house prices of $1,150,000 and $1,587,500.

Montmorency (median $1,150,000) is roughly 28% cheaper to buy into than Templestowe ($1,587,500).

On school quality, the average ICSEA across schools serving Templestowe (1112) sits above Montmorency (1100).

The takeWhich suburb suits which buyer

For buyers

Montmorency is the lower entry point at $1,150,000 median, 28% 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 2.16%), favouring cash-flow investors.

For families

Templestowe edges out on average school ICSEA (1112 vs 1100).

Common questionsMontmorency vs Templestowe

Common questions

Is Montmorency or Templestowe cheaper to buy in?

Montmorency has the lower median house price at $1,150,000, roughly 28% below Templestowe ($1,587,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Montmorency or Templestowe have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Templestowe scores 1112 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 suburb has higher rental yield, Montmorency or Templestowe?

Gross rental yield on houses is 2.94% in Montmorency vs 2.16% in Templestowe. 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
Templestowe

Price & Market

$1,150,000
Median house
$1,587,500
$862,500
Median unit
$956,300
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$650/wk
Rent (house / wk)
$660/wk
$500/wk
Rent (unit / wk)
$595/wk
81.0%
Owner occupied
82.0%
17.0%
Renter occupied
14.0%

Lifestyle & Demographics

72
Walk score
0
Transit score
100
Bike score
9,250
Population
16,966
41
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1100
Avg ICSEA
1112

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).