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Carboor vs Montmorency

Property investment comparison - Carboor, VIC 3678 vs Montmorency, VIC 3094

Head-to-head across core investment metrics: Carboor wins 1, Montmorency wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCarboorMontmorency
Median house price$1.2M$1.2M
Median unit price-$775K
Gross rental yield (houses)-3.18%
Gross rental yield (units)-3.86%
1-year house growth-+3.0%estimate
3-year house growth--
Vacancy rate2.8%1.1%
Population979,250

Carboor vs Montmorency: what the numbers say

The median house price is $1.2M in Carboor and $1.2M in Montmorency, so Carboor is the cheaper entry point, with Montmorency houses about 2% dearer.

Rental vacancy is 1.1% in Montmorency and 2.8% in Carboor, so landlords in Montmorency face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Montmorency is the bigger suburb, with a population of 9,250 against 97, roughly 95 times the size of Carboor; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Carboor for a lower purchase price, Montmorency for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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