Monbulk
Suburb profile, market snapshot and recent listings for Monbulk, VIC 3793.
About Monbulk
Welcome to Monbulk
Monbulk sits in the heart of the Dandenong Ranges, around 45 kilometres east of Melbourne's CBD, tucked among the cool-climate forests and berry farms that give the region its distinctive character. It's a town more than a suburb in feel, with a proper main street, a strong sense of community and a backdrop of towering mountain ash and fern gullies that has drawn artists, growers and city escapees for generations.
This is a suburb for people who want space, greenery and a slower pace without giving up on schools, shops and a genuine town centre. With neighbours like Olinda, Sassafras, Sherbrooke, Patch and The Patch all close by, Monbulk anchors a cluster of hills communities that trade commuter convenience for lifestyle, fresh air and a real connection to the landscape.
Lifestyle & dining
Monbulk's town centre has the relaxed, practical feel of a place built for locals rather than tourists, though its proximity to the cafes and galleries of Olinda and Sassafras means a change of scene is only a short drive away. Around Monbulk itself you'll find bakeries, a pub, casual eateries and the kind of community events - markets, shows, festivals - that punctuate life in the hills. Berry farms and orchards in the surrounding countryside are part of the area's identity, and produce-driven dining is easy to find nearby.
Parks & recreation
Living in Monbulk means living inside a landscape rather than beside one. Sherbrooke Forest, part of the Dandenong Ranges National Park, is on the doorstep, offering walking trails through tall forest and fern gullies, while the reserves and picnic spots scattered through Olinda, The Patch and Patch extend the network of bushwalking and nature options in every direction. Monbulk itself has local sporting grounds, a swimming pool and recreation reserve that give the town a genuine community hub feel beyond just the natural scenery.
Schools & families
Families are well served locally, with Monbulk Primary School and Monbulk College covering government schooling from primary through to secondary within the town itself. The Cire Community School's Monbulk campus adds an alternative education pathway, reflecting the practical, community-minded character of the area. With a median age of 41 and a population of 3,651, Monbulk has the feel of an established, family-oriented town rather than a transient one.
Getting around
Monbulk is not on a train line, so most residents rely on cars for the commute towards Melbourne or connections to Belgrave and the Puffing Billy line, Ferntree Gully or the Monash Freeway corridor further out. Bus services link Monbulk to surrounding towns and train stations in the hills. The trade-off for this car dependence is the payoff of winding, scenic drives through forest and farmland that make the journey part of the appeal rather than a chore.
Housing & architecture
Housing in Monbulk is overwhelmingly detached, with houses making up 83% of current listings, alongside 10% land, 3% apartments or units and 3% acreage or rural lifestyle blocks. Expect a mix of established weatherboard and brick-veneer homes on generous blocks, more recent builds, and a genuine option to buy acreage or larger rural-style holdings if you want extra space, gardens or hobby-farm potential - a rarity closer to Melbourne.
The property market
The median house price in Monbulk currently sits at $781,000, with median rent at $583 per week. Recent figures show a modest pullback in prices, down 0.6%, suggesting a market that has plateaued after the hills' strong pandemic-era demand rather than one in sharp decline. For buyers, that softness combined with the suburb's land size, acreage options and lifestyle appeal makes Monbulk worth watching, particularly compared to pricier neighbours like Olinda and Sassafras.
Market snapshot
Monbulk property market
Median sale price
$781k
House · 3 bed
Median rent
$583
per week
Gross rental yield
3.9%
annual rent ÷ sale price
Typical price range
Entry
$657k
Median
$781k
Premium
$1.05m
Days on market
20
Auction clearance
0%
Sold this year
20
Median sold price trend · House 3 bed
Compound growth -1.2% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Monbulk by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Monbulk, VIC 3793.
Population
3,651
residents (2021)
Median age
41
years
Household income
$1,722
median, per week
Median rent
$369
per week
Median mortgage
$1,915
per month
Mortgage / income
26%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Monbulk
Government school catchment
Independent & Catholic schools
Cire Community School - Monbulk Campus
Recent results
Recently sold in Monbulk
$766k
25 Menin Road
Sold ~July 2026
$650k
UNIT 2/19 Moores Road
Sold ~July 2026
$44k
11 McCarthy Road
Sold ~June 2026
$950k
254 Emerald-Monbulk Road
Sold ~June 2026
$595k
289 Monbulk Road
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Monbulk
Compare the area
Price map around Monbulk
Every listing for sale near Monbulk, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Monbulk suburb FAQ
What is the median property price in Monbulk?
The median house price in Monbulk, VIC is $781k for a 3-bedroom home. Over the past year, median sold prices have fallen about 0.6%.
How much is rent in Monbulk?
The median weekly rent in Monbulk is around $583 per week.
Is Monbulk a good place to live?
Monbulk is a town in Victoria, Australia, 42 km east of Melbourne's Central Business District, located within the Shire of Yarra Ranges local government area. Monbulk is an established residential suburb in VIC, with a population of around 3,651 and 3 schools in the area.
What is the population of Monbulk?
Monbulk has a population of 3,651 (ABS 2021 Census), with a median age of 41.
What schools are in Monbulk?
There are 3 schools in or near Monbulk, including Cire Community School - Monbulk Campus, Monbulk Primary School and Monbulk College.
How long do homes take to sell in Monbulk?
Properties in Monbulk take around 20 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Monbulk?
Entry-level properties in Monbulk start around $657k, while premium homes reach $1.05m.
What suburbs are near Monbulk?
Suburbs near Monbulk include Olinda, Patch, The Patch, Sherbrooke and Sassafras.
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