Montmorency Property Growth

Montmorency has its own station on the Hurstbridge line, with a train trip to the CBD taking approximately 48 minutes. Bus routes 293, 513/514 and 901 connect the suburb to Greensborough, Eltham and surrounding areas. There are no tram services in Montmorency. Major Roads: Were Street, Rattray Road, Grand Boulevard, Sherbourne Road. Train Lines: Hurstbridge line (Montmorency station). Bus Routes: 293, 513/514, 901. Montmorency is approximately 18 km from the Melbourne CBD. Verify current timetables and traffic conditions before relying on any commute estimate.

Montmorency Primary School and St Francis Xavier Primary School (Catholic, established 1932) are the suburb's main primary options. Secondary: Montmorency Secondary College, opened in 1969, is the local government secondary school and guarantees enrolment to students within its zone; nearby Viewbank College also serves parts of the surrounding area. Always confirm the applicable zone via the Victorian Department of Education's Find My School tool for a specific address.

Montmorency's commercial and social heart is the Were Street shopping village, home to independent cafes and retailers and a well-known decorative windmill landmark, recently upgraded with a new Were Street Reserve performance stage, lighting and accessible facilities. The Plenty River Trail runs along the suburb's edge, linking Petrie Park and Montmorency Park's sporting pavilions to the wider trail network toward Yallambie and Greensborough.

Montmorency does not have a major employment precinct of its own; it functions primarily as a residential, commuter suburb, with most residents travelling to nearby Greensborough, Heidelberg or the Melbourne CBD for work. Commercial Centres: the Were Street shopping village is the suburb's main local commercial strip.

The Were Street streetscape and Were Street Reserve upgrade, delivered by Banyule City Council in partnership with the Victorian Government, was completed in 2023, adding a new covered performance stage, lighting, street furniture, plantings, a nature play area and an accessible toilet block. No further projects are currently confirmed for Montmorency beyond this recently completed upgrade. Check Infrastructure Australia's project pipeline, State Government announcements or Banyule City Council's website for the latest updates.

• High owner-occupier rate — With over 80% of dwellings owner-occupied, Montmorency has a stable, low-turnover residential base typical of established family suburbs.
• Direct Hurstbridge line access — Montmorency's own train station provides a direct, if longer, commute of around 48 minutes into the Melbourne CBD.
• Recently upgraded Were Street village — The 2023 streetscape and reserve upgrade has refreshed the suburb's main commercial strip and public gathering space.
• Green, leafy setting — The Plenty River Trail, Petrie Park and Montmorency Park give residents significant green space and recreational amenity.

• Softer recent unit price growth — CoreLogic data shows Montmorency unit values have declined over the past year even as house values have risen, a divergence worth watching for unit-specific investment.
• Longer commute time — At around 48 minutes to the CBD by train, Montmorency's commute is longer than many closer-in suburbs.
• Interest rate and lending sensitivity — Like all property markets, Montmorency's values and buyer activity are sensitive to changes in interest rates and lending conditions.

• ABS
  Census QuickStats— https://www.abs.gov.au/census
• Local Council
  City of Banyule— https://www.banyule.vic.gov.au/
• Department of Transport Victoria
  https://www.transport.vic.gov.au/— https://www.transport.vic.gov.au/
• Victorian Planning Authority
  https://vpa.vic.gov.au/— https://vpa.vic.gov.au/
• Infrastructure Australia
  Project Pipeline— https://www.infrastructureaustralia.gov.au/