TAS has seen average median house prices change by 5.57% which means that Montrose, 7010 has done well for property investors by showing a capital gain of -0.66% over the last year
Across a shorter period, Montrose, 7010 has seen a median price increase of -0.33% over the last quarter.
Property buyers and investors in Montrose 7010 should be seeing an average reduction in asking price of around -4.33% . This means that Montrose is holding prices well when compared to other suburbs in TAS.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 2.18%, investors should hope to achieve an overall return of 6.22%
Over the last year, property investments in Montrose, 7010 have given investors a capital gain of -3.15%. This compares badly with the 3.60% for TAS as a whole.
At number 50th of TAS’s most discounted properties, Montrose is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $250 mark per week – giving a return of 6.05% based on the median price in Suburb