MONBULK
Positioned within the mid-market sector of the market, Monbulk has evolved into a locality defined by its distinct property landscape. The suburb currently holds a median house price of $755k. Prices have remained largely stable with a 16% change, suggesting a balanced market where supply has largely kept pace with local demand.
Lifestyle Profile
The visual fabric of Monbulk is evolving rapidly. It is a mix of the old and the new, where original cottages sit alongside brand-new townhouse developments, signaling a shift in capital investment.
The social atmosphere is vibrant and shifting. A wave of younger professionals and young families is moving in, bringing a new energy that is revitalizing local precincts and creating a buzz in the community.
Amenity-wise, the suburb is often a 'convenience hub.' Positioned near major transport corridors or train lines, it prioritizes accessibility to employment centers over luxury retail.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $53,619. This places Monbulk in a bracket where dual-income households are the norm for mortgage serviceability. It reflects a competitive environment where buyers are likely professional couples or established families.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as The Patch Primary School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.
From a data perspective, Monbulk stands out for 'Education Efficiency'. With a Price/ICSEA ratio of $11,439 per point, the suburb offers a statistically attractive entry point for parents prioritizing education relative to property cost.
Market Outlook
The market has shown resilience with 16.2% stable growth. This appeals to buyers seeking lower volatility.
Quick FAQ about Monbulk:
- Is Monbulk expensive? With a median price of $755k, it is considered a mid market market, often attracting buyers seeking balanced living standards.
- What are the schools like? The catchment for The Patch Primary School is a major driver of local demand.
Primary Schools
Secondary / High Schools
Monbulk College
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Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.