Side by sideSuburb comparison

Montrose vs Mount Evelyn.

Comparing two suburbs with median house prices of $985,000 and $850,000. Mount Evelyn edges out on more headline metrics in this comparison.

Mount Evelyn (median $850,000) is roughly 16% cheaper to buy into than Montrose ($985,000).

Montrose scores higher on walkability (36/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mount Evelyn (1033) sits above Montrose (1025).

The takeWhich suburb suits which buyer

For buyers

Mount Evelyn is the lower entry point at $850,000 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Mount Evelyn offers the higher gross rental yield (2.23% vs 1.93%), favouring cash-flow investors.

For families

Mount Evelyn edges out on average school ICSEA (1033 vs 1025).

Common questionsMontrose vs Mount Evelyn

Common questions

Is Montrose or Mount Evelyn cheaper to buy in?

Mount Evelyn has the lower median house price at $850,000, roughly 16% below Montrose ($985,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Montrose or Mount Evelyn have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mount Evelyn scores 1033 vs 1025 in Montrose. 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, Montrose or Mount Evelyn?

Montrose scores 36/100 on walkability vs 0/100. 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, Montrose or Mount Evelyn?

Gross rental yield on houses is 2.23% in Mount Evelyn vs 1.93% in Montrose. 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

Montrose
Metric
Mount Evelyn

Price & Market

$985,000
Median house
$850,000
$316,800
Median unit
$724,300
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$365/wk
Rent (house / wk)
$365/wk
$310/wk
Rent (unit / wk)
$365/wk
Owner occupied
87.0%
Renter occupied
9.0%

Lifestyle & Demographics

36
Walk score
0
0
Transit score
0
100
Bike score
100
6,900
Population
9,799
41
Median age
38

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1025
Avg ICSEA
1033

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).