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Montgomery, VIC 3851
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$770,000
Median Unit
$285,000
list-price estimate
Gross Yield (houses)
3.7%
1yr Growth
-
Investment snapshot for Montgomery
Montgomery has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Montgomery market and investor summary
Montgomery (VIC 3851) runs a median house price of $770K, with houses yielding a gross 3.7%. At 26.5% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.7% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 26.5% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 92 days on market, so plan for a slower exit if you ever need one.
Living in Montgomery: people, income and schools
About 65 people live in Montgomery, a number that has held fairly steady over five years. The median age is 12, younger than the national median, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $58,000 a year, or roughly $1,120 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 13.2 times local household income, so affordability is a genuine constraint on local buyers.
There are 3 schools within about 5km, testing below the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 65
- +4% over 5yr
- Median age
- 12 years
- Median household income
- $58,000/yr
- Households renting
- 18%
- Family households
- 80%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 3
- avg ICSEA 940
- Unemployment
- 4.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Montgomery
No properties currently listed in Montgomery
Search Montgomery listings →Frequently asked questions about Montgomery
What should I check before investing in Montgomery?
Montgomery has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Montgomery?
The median property price in Montgomery, VIC 3851 is $770K for houses.
What rental yield does Montgomery show?
The gross rental yield in Montgomery is 3.7% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Montgomery?
The current vacancy rate in Montgomery is 26.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Montgomery?
Montgomery has a population of approximately 65 residents, with a median age of 12.
What schools are near Montgomery?
There are 3 schools within roughly 5km of Montgomery. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Montgomery affordable to buy in?
A median house in Montgomery costs about 13.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Montgomery's population growing?
The population of Montgomery has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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