Montmorency
The median rent for a 2-bedroom unit in Montmorency is $500 a week for leases that started in the year to September 2025, up 6.4% on a year earlier. That is 9% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,167,500 for a house and $805,500 for a unit. A year of rent for that home is about 3.4% of its median sale price (gross rental yield). The rent data covers Eltham-Research-Montmorency as one area, so these rent figures are shared by Eltham, Montmorency, Research.
Median rent in Montmorency
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $360 | +2.9% | 34 |
| 2-bedroom unit | $500 | +6.4% | 90 |
| 3-bedroom unit | $620 | +4.6% | 45 |
| 2-bedroom house | $500 | +6.4% | 22 |
| 3-bedroom house | $650 | +3.2% | 157 |
| 4-bedroom house | $813 | +1.6% | 90 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,167,500 | Mar 2026 quarter |
| Unit | $805,500 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Berwick $500 a week
- Boronia $500 a week
- Brunswick West $500 a week
- Coburg North $500 a week
- Croydon $500 a week
- Lilydale $500 a week