Munro, located in Victoria, is a charming suburb offering a blend of tranquil living and community lifestyle. Known for its close-knit community, Munro provides residents with access to essential services, parks, and transport options. This article explores the best residential areas in Munro, highlighting their unique characteristics, housing options, and average prices, making it ideal for prospective buyers and renters looking for their perfect home.
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Munro Village

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Munro Village is a vibrant centre of community life in Munro. With a variety of shops, cafes, and recreational facilities, it’s perfect for families and young professionals seeking a lively atmosphere.
Characteristics of the Munro Village
* Culture: Rich local culture with community events and markets
* Transportation: Well-connected by local buses; close to train station
* Services: Grocery stores, pharmacies, schools, parks
* Environment: Family-friendly and bustling
Housing Options in the Munro Village
Single-family homes, Townhouses, Units
Average Home Prices in the Munro Village
* Buying: $450,000 – $600,000
* Renting: $1,300 – $1,700/month
Lake View Area

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The Lake View Area is known for its stunning views of the adjacent lake and its tranquil environment. It’s ideal for those who love nature and outdoor activities.
Characteristics of the Lake View Area
* Culture: Outdoor recreation and local wildlife
* Transportation: Car recommended; public transport access available
* Services: Limited local shops; larger amenities in nearby suburbs
* Environment: Peaceful and scenic
Housing Options in the Lake View Area
Lakeside homes, Custom-built houses
Average Home Prices in the Lake View Area
* Buying: $500,000 – $750,000
* Renting: $1,400 – $2,000/month
Emerald Park

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Emerald Park is a popular area for families and first-home buyers, featuring a mix of affordable housing options and plenty of parks and playgrounds for children.
Characteristics of the Emerald Park
* Culture: Community-focused with a strong presence of families
* Transportation: Good bus services; close proximity to major roads
* Services: Schools, parks, childcare centres, retail outlets
* Environment: Friendly and welcoming
Housing Options in the Emerald Park
Houses, Townhouses, Flats
Average Home Prices in the Emerald Park
* Buying: $420,000 – $550,000
* Renting: $1,200 – $1,600/month
Greenhill Estate

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Greenhill Estate offers spacious properties in a serene setting, attracting families and retirees. The estate is known for its great community vibe and well-planned green spaces.
Characteristics of the Greenhill Estate
* Culture: Family-oriented with numerous family events
* Transportation: Cul-de-sac layout; public transport available
* Services: Local shops, healthcare facilities, schools
* Environment: Quiet and suburban
Housing Options in the Greenhill Estate
Larger family homes, Modern townhouses
Average Home Prices in the Greenhill Estate
* Buying: $480,000 – $650,000
* Renting: $1,350 – $1,800/month
Sunset Heights

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Sunset Heights is known for its elevated position and beautiful sunset views. This suburb is perfect for those looking for a quieter lifestyle while still being accessible to amenities.
Characteristics of the Sunset Heights
* Culture: Relaxed lifestyle with local art and community gatherings
* Transportation: Bicycle paths and walking trails; car recommended
* Services: Convenient access to local stores and schools
* Environment: Tranquil and scenic
Housing Options in the Sunset Heights
Detached homes, Modern apartments
Average Home Prices in the Sunset Heights
* Buying: $490,000 – $720,000
* Renting: $1,300 – $1,900/month
North Munro

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North Munro offers a mix of residential and semi-rural living. It is perfect for those looking to escape the bustle of city life while still having convenient access to essential services.
Characteristics of the North Munro
* Culture: Agricultural influences, market gardens and community farms
* Transportation: Car essential; public transport options limited
* Services: Fewer amenities but close to larger suburbs
* Environment: Rural feel with modern conveniences
Housing Options in the North Munro
Acreage homes, Rural blocks
Average Home Prices in the North Munro
* Buying: $600,000 – $900,000
* Renting: $1,500 – $2,200/month
Frequently Asked Questions About the Best Residential Areas in Munro:
The best residential areas in Munro include Munro Village, Lake View Area, Emerald Park, Greenhill Estate, Sunset Heights, and North Munro.
Emerald Park is well-regarded for its family-oriented facilities, parks, and community activities, making it ideal for families.
Areas like Emerald Park and Munro Village often have more affordable housing options suitable for first-home buyers.
The Lake View Area offers parks and recreational opportunities; however, larger shopping facilities are located in nearby suburbs.
Sunset Heights is famous for its scenic views and peaceful ambiance, especially during sunset.
Montgomery has decent public transport links, particularly in Munro Village, but a car is recommended for easier travel.
Yes, most residential areas, especially Emerald Park and Greenhill Estate, feature parks and playgrounds for community use.
Property prices in Munro range from approximately $420,000 to $900,000, depending on the suburb and type of dwelling.
Yes, rental properties are available across various suburbs, with prices ranging from $1,200 to $2,200 per month.
North Munro features a mix of acreage homes and rural blocks, appealing to those who enjoy space and a country lifestyle.
Conclusion on the Best Residential Areas in Munro:
Munro offers an array of residential areas catering to diverse lifestyles and preferences. From the vibrant community of Munro Village to the serene environment of the Lake View Area or the family-friendly amenities in Emerald Park, there’s something for everyone. Families, young professionals, and retirees alike can find suitable housing options in striking neighbourhoods that foster community spirit. With competitive housing prices and easy access to essential services, Munro stands out as an attractive suburb with potential for capital growth, making it an ideal choice for homebuyers and tenants alike.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.