Suburb Profile Report for Montrose VIC (3765)

Montrose House: Median price $732,550, Annual capital growth 7.50%, Number of sales 84, Weekly median advertised rent $410

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report

Investment property in Montrose has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.58%

If we look at median property appreciation over just the last three months, Montrose has given property investors a paper return of -1.01%. This puts Suburb as 429 on a list of fastest fasting appreciating suburbs in VIC

Our latest figures would indicate that property sellers in Montrose are currently offering property investors an average price cut of -5.73% below the asking price at the moment.

Property investors should expect to get $410 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$732,550 N/A
-1.01% N/A
4.58% N/A
7.50% N/A
$410 N/A
84 N/A
2.91% N/A
37.12 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 6732
Median household income ($/weekly) 1389
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 886 13.2
    25-34 years 677 10.1
    35-44 years 934 13.9
    45-54 years 990 14.7
    55-64 years 885 13.1
    Others 2361 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 2610 53.4
    Not Married 1831 37.4
    Defacto Relationship 450 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5355 84.7
    New Zealand 125 2.0
    Papua New Guinea 57 0.9
    United Kingdom 445 7.0
    Other 76 1.2
    Others 261 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 0.8
    Christianity 3605 60.4
    Islam 12 0.2
    Other Religious Groups 36 0.6
    No Religion 2255 37.8
    Others 14 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 197 9.8
    $1,250-$1,499 189 9.4
    $1,500-$1,999 286 14.2
    $2,000-$2,499 254 12.6
    $2,500-$2,999 171 8.5
    Others 920 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2064 40.8
    Not in the labour force 1506 29.8
    Employed, worked part-time 1173 23.2
    Employed, away from work 189 3.7
    Unemployed, looking for work 128 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 368 10.8
    Professionals 633 18.5
    Technicians & trades workers 681 19.9
    Community & personal service workers 344 10.0
    Clerical & administrative workers 528 15.4
    Others 869 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 129 7.7
    Infants/Primary 592 35.5
    Secondary 518 31.1
    Technical or Further Educational Institution 179 10.7
    University or other Tertiary Institutions 199 11.9
    Others 49 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6033 96.6
    Semi-detached, row or terrace house, townhouse 194 3.1
    Flat, unit or apartment 19 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1131 51.3
    Fully owned 775 35.2
    Rented 258 11.7
    Other tenure type 40 1.8
    Tenure Type
Census 2011, ABS
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