29 Rattray RoadMontmorency VIC 3094
Property Details for 29 Rattray Rd, Montmorency
Last Listing description (June 2022)
When opportunity knocks, youre the one who opens the door. And this bundle of potential in the heart of Montmorency is waiting for you to create something special.
Trading for many years as a medical centre, theres scope for investors to maintain the status quo and capitalise on its established reputation, prominent street exposure on Rattray Road, sealed rear carpark and functional footprint that will suit any medical profession with its three treatment rooms, reception/waiting area, filing room, two toilets and a staff room.
Theres also potential to extract maximum value from the generous 545sqm (approx.) block and redevelop, now or in the future (STCA).
Whether you choose to retain the existing picture or redevelop (STCA), its hard to put a foot wrong in a five-star location thats within easy walking distance of Monty Village, Montmorency train station, bus transport, Montmorency primary and secondary schools, the Plenty River Trail, sporting facilities and recreational parklands and minutes from excellent private schools, Greensborough Plaza and the Metropolitan Ring Road.
Property History for 29 Rattray Rd, Montmorency, VIC 3094
- 15 Sep 2022Sold for $940,000
- 03 Jun 2022Listed for Sale $900,000 - $990,000
- 02 Nov 2015Listed for Rent - Price not available
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About Montmorency 3094
The size of Montmorency is approximately 3.8 square kilometres. There are 18 parks, covering nearly 7.1% of the total area. The population of Montmorency in 2016 was 8960 people. By 2021 the population was 9250 showing a population growth of 3.2% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation.In 2021, 81.00% of the homes in Montmorency were owner-occupied compared with 80.20% in 2016.
Montmorency has 4,567 properties. Over the last 5 years, Houses in Montmorency have seen a 0.68% increase in median value, while Units have seen a 6.14% increase. As at 31 July 2026:
- The median value for Houses in Montmorency is $1,193,323 while the median value for Units is $830,025.
- Houses have a median rent of $710 while Units have a median rent of $575.
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