Montmorency vs Templestowe
Montmorency (median $1,150,000) is roughly 28% cheaper to buy into than Templestowe ($1,587,500).
Buying in Montmorency or Templestowe?
Selling in Montmorency? The free selling guide
Montmorency and Templestowe side by side
| Measure | Montmorency | Templestowe |
|---|---|---|
| Price and market | ||
| Median house | $1,150,000 | $1,587,500 |
| Median unit | $862,500 | $956,300 |
| Renting | ||
| House rent | $650/wk | $660/wk |
| Unit rent | $500/wk | $595/wk |
| Owner occupied | 81.0% | 82.0% |
| Renter occupied | 17.0% | 14.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1100 | 1112 |
| Lifestyle and people | ||
| Walk score | 72 | – |
| Transit score | 0 | – |
| Bike score | 100 | – |
| Population | 9,250 | 16,966 |
| Median age | 41 | 46 |
| Climate | ||
| Annual rainfall | 665 mm | 691 mm |
| Mean max, January | 27.3°C | 27.4°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
On school quality, the average ICSEA across schools serving Templestowe (1112) sits above Montmorency (1100).
- 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).
Montmorency 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.
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The two suburbs
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