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Montmorency vs Safety Beach

Property investment comparison - Montmorency, VIC 3094 vs Safety Beach, VIC 3936

Head-to-head across core investment metrics: Montmorency wins 3, Safety Beach 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.

MetricMontmorencySafety Beach
Median house price$1.2M$1.2M
Median unit price$775K$840K
Gross rental yield (houses)3.18%-
Gross rental yield (units)3.86%4.29%
1-year house growth+3.0%estimate+0.0%
3-year house growth--3.7%
Vacancy rate1.1%3.1%
Population9,2506,328

Montmorency vs Safety Beach: what the numbers say

The median house price is $1.2M in Montmorency and $1.2M in Safety Beach, so Safety Beach is the cheaper entry point.

For units, Montmorency sits at a median of $775K against $840K in Safety Beach, which makes Montmorency the more affordable unit market and Safety Beach the pricier one.

Over the past year house prices moved +3.0% in Montmorency (an estimate) and +0.0% in Safety Beach, so recent momentum favours Montmorency, although both suburbs recorded growth.

Rental vacancy is 1.1% in Montmorency and 3.1% in Safety Beach, 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 6,328, larger than Safety Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Safety Beach for a lower purchase price, Montmorency for recent price momentum, 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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Montmorency vs Safety Beach: Suburb Comparison 2026