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Montmorency vs Torrumbarry

Property investment comparison - Montmorency, VIC 3094 vs Torrumbarry, VIC 3562

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

MetricMontmorencyTorrumbarry
Median house price$1.2M$1.2M
Median unit price$775K$725K
Gross rental yield (houses)3.18%5.17%
Gross rental yield (units)3.86%-
1-year house growth+3.0%estimate-
3-year house growth--
Vacancy rate1.1%4.2%
Population9,250257

Montmorency vs Torrumbarry: what the numbers say

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

For units, Montmorency sits at a median of $775K against $725K in Torrumbarry, which makes Torrumbarry the more affordable unit market and Montmorency the pricier one.

On cash flow, Torrumbarry leads: houses there return a gross rental yield of 5.17%, compared with 3.18% in Montmorency, a gap of 1.99 percentage points.

Rental vacancy is 1.1% in Montmorency and 4.2% in Torrumbarry, 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 257, roughly 36 times the size of Torrumbarry; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Torrumbarry for rental income, Montmorency 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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