Over the last year, property investments in Montrose, 3765 have given investors a capital gain of 14.87%. This compares favourably with the 8.13% for VIC as a whole.
If we look at median property appreciation over just the last three months, Montrose has given property investors a paper return of 1.25%. This puts Suburb as 338 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Montrose itself are offering an average vendor discount of -2.68% to real estate investors.
On average over the past year, suburb has had 8.67 sales per month, which equates to 104 per year.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 7.56%.