Property investors who have had real estate in Montrose, 7010 should be relatively pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.19%
The five-year average increase in median property values for Montrose,7010 has given property investors a potential capital gain of 9.19% across each of those five years.
Property buyers and investors in Montrose 7010 should be seeing an average reduction in asking price of around -5.26% . This means that Montrose is holding prices well when compared to other suburbs in TAS.
At number 663 in a list of fastest selling suburbs, Montrose is in the TOP 20% of suburbs in Australia with an average of days on market 52.85 for properties listed there.
Montrose, 7010’s gross rental yield is 5.79%
Montrose, 7010 ranked 30th 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
When looking at the potential capital gains offered to property investors over the last 3 years, Montrose comes in at number 34th in TAS.
Montrose, 7010 is offering TAS ‘s 9th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this TAS.
Residents and property investors in Montrose have been waiting around 109 days to sell a property.
Situated 8.32km from the CBD, Montrose is one of Glenorchy localities in the postcode 7010.