Suburb Profile

Suburb profile for,

Montrose, TAS 7010

About Montrose

Situated in Tasmania's 7010 postcode, Montrose is a well-established residential suburb. Located approximately 8km from the Hobart CBD, the suburb benefits from solid transport and amenity access.

Demographics and Community

Montrose has a population of approximately 2,313, a median age of 44, a median weekly household income of $1,550. With 68% owner-occupier rate, this is predominantly an owner-occupied neighbourhood.

Property Market Overview

The current median house price in Montrose is $550,000. Average annual growth is 0.7%.

Properties in Montrose spend an average of 38 days on market.

Rental Market

The median weekly rent for houses in Montrose is $320. Gross rental yield is 3.01%.

Nearby Suburbs

Explore other suburb profiles in the area: Mount Nelson, TAS, Taroona, TAS, Fern Tree, TAS, Dynnyrne, TAS, Margate, TAS.

Considering Montrose for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Montrose or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Montrose, TAS 7010

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
TAS
Suburb
MONTROSE
Postcode
7010
Median price for all dwellings
$660,500
Last 12 months growth return
5.94%
Avg. dwellings for sale in the suburb every month
12
Avg. dwellings sold in the suburb in previous 12 months
19
Avg days on market for a dwelling listing to sell
22
Avg. number of people searching in this suburb every month
High Online Demand
Avg. rental yield per annum
4.49%
Weekly median rent for all dwellings
$570
Median price for all houses
$660,500
Avg. rental yield growth in the previous 12 months
4.49%
Avg. days for a rental listing to find a tennant
15 days
Total suburb population in 2016
2313
Total suburb population change in 5 years up to 2016
8.30%
Avg. household income per week
$1,550
Median age of the population in the suburb
44
Historic avg annual growth return per annum in the suburb
7.61%