With a capital gain of 16.01% for the last 12 months, Montrose, 7010 has performed for property investments than its average annual 3.95% property growth over the last 5 years.
Over the longer term, Montrose has seen property prices show investors a 28.97% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Montrose is giving property investors an average Vendor Discount of around -4.67%. This puts suburb at number 129th in TAS when ranking the most discounted suburbs.
Residents and property investors in Montrose have been waiting around 52.25 days to sell a property.
Advertised rents are around the $360 mark per week – giving a return of 5.27% based on the median price in Suburb
Investment property in Montrose has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.36%
Montrose,7010 has offered an average of -11.36% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Montrose 7010 should be seeing an average reduction in asking price of around -1.55% . This means that Montrose is holding prices well when compared to other suburbs in TAS.
Montrose is 9th on a list of best yielding suburbs for rents in TAS with a 6.13% return