TAS has seen average median house prices change by 4.95% which means that Montrose, 7010 has done well for property investors by showing a capital gain of -3.23% over the last year
A 5.26% growth in median value for property investors in Montrose,7010 puts this suburb at number 139th in terms of best performing suburbs in TAS
Montrose7010 is located in TAS which offers an average discount of -7.01% to property investors. Montrose itself is showing figures that indicate -5.40% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Montrose the average time real estate has been on the market is 61.04 days.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 6.24%, without taking into account capital value appreciation, which has been averaging out at 2.36%.
Investment property in Montrose has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.58%
Our latest figures would indicate that property sellers in Montrose are currently offering property investors an average price cut of -2.49% below the asking price at the moment.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.98%, without taking into account capital value appreciation, which has been averaging out at 2.73%.