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Merriang South vs Montmorency

Property investment comparison - Merriang South, VIC 3737 vs Montmorency, VIC 3094

Head-to-head across core investment metrics: Merriang South wins 2, Montmorency wins 2. 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.

MetricMerriang SouthMontmorency
Median house price$1.2M$1.2M
Median unit price$655K$775K
Gross rental yield (houses)-3.18%
Gross rental yield (units)2.74%3.86%
1-year house growth-+3.0%estimate
3-year house growth--
Vacancy rate1.8%1.1%
Population439,250

Merriang South vs Montmorency: what the numbers say

The median house price is $1.2M in Merriang South and $1.2M in Montmorency, so Merriang South is the cheaper entry point, with Montmorency houses about 1% dearer.

For units, Merriang South sits at a median of $655K against $775K in Montmorency, which makes Merriang South the more affordable unit market and Montmorency the pricier one.

Rental vacancy is 1.1% in Montmorency and 1.8% in Merriang South, 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 43, roughly 215 times the size of Merriang South; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Merriang South 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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