Templestowe vs Montmorency.
Comparing two suburbs with median house prices of $1,587,500 and $1,150,000.
Montmorency (median $1,150,000) is roughly 38% cheaper to buy into than Templestowe ($1,587,500).
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, 38% 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 questions
Is Templestowe or Montmorency cheaper to buy in?
Montmorency has the lower median house price at $1,150,000, roughly 38% below Templestowe ($1,587,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Templestowe or Montmorency 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, Templestowe or Montmorency?
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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Templestowe against another suburb