Are you looking at Monbulk, VIC 3793 to buy? It's wise to establish if it is suitable for your lifestyle and or financial circumstances. The Homes.com.au suburb profile utilises market-leading data to provide you with the Monbulk property prices, market trends & demographics to help you make an intelligent decision about your potential move to the suburb.
If you're considering a move to Monbulk, continue reading for a brief history lesson to discover the fantastic lifestyle and what makes this suburb a worthy option.
Overview Monbulk is a small suburb located east of Melbourne at 42km and south of the Silvan Reservoir. The suburb consists of a population of 3,577, according to the 2016 census. The Shire of Yarra Ranges is the local governing body and overlooks every government action. The region is home to the Monbulk Cricket Club, Football Club, and Netball Club.
Living in Monbulk Living in the suburb of Monbulk is a good move for those who are planning a rural move, but don't want to be completely isolated from the big smoke. Additionally, with a low population count, connectivity, and amenities, it is safe for retirees, newlyweds, and business owners to start a new life. There is a good number of residential lanes with planned green spaces and recreational activities. The agricultural sector is the primary source of the economy. However, it is the location for the growing facilities for the country's largest online nursery.
History of Monbulk The town came into existence in 1893, comprising of 76 farms over 10-acre. It is believed that the suburb got its name from the local Aboriginal people, the Wurundjer and the word "Monbolac," which means "hiding place in the hills." However, when the Parish came into existence, the town name changed to the current title. The rich fertile soil led to the foundation of the farms.
Get a better understanding of the Monbulk property market by linking up with a top-notch Monbulk real estate agent on our find agent page.