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 11.48%
Across a shorter period, Montrose, 7010 has seen a median price increase of -0.17% over the last quarter.
Sellers are offering property buyers an average discount of -5.62% to buyers in Montrose at the moment, which is less than average for the rest of TAS.
Montrose, 7010 ranked 22th in TAS when comparing growth in median property values or capital gain over the last 12 months. Montrose is one of 606 in our list for TAS
If we look at median property appreciation over just the last three months, Montrose has given property investors a paper return of -5.38%. This puts Suburb as 45 on a list of fastest fasting appreciating suburbs in TAS
Our latest figures would indicate that property sellers in Montrose are currently offering property investors an average price cut of -8.61% below the asking price at the moment.
Renters in Suburb are facing rents around $2880 per annum or $240 every week.