Over the last year, property investments in Montrose, 3765 have given investors a capital gain of 10.90%. This compares favourably with the 8.12% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Montrose has increased when compared to the 5 year average annual rate.
Vendor discounting in Montrose is giving property investors an average Vendor Discount of around -2.77%. This puts suburb at number 592th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Montrose the average time real estate has been on the market is 24.71 days.
Situated 33.67km from the CBD, Montrose is one of Yarra Ranges localities in the postcode 3765.
Renters in Suburb are facing rents around $4260 per annum or $355 every week.