Median Sale Price
House
-
Updated on Jul 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $276,000 | 0.0% | $100,000 | $541,690 | 34 |
| 2010 | $290,000 | +4.8% | $182,000 | $405,000 | 34 |
| 2011 | $270,000 | -7.4% | $208,000 | $382,500 | 24 |
| 2012 | $269,000 | -0.4% | $194,500 | $462,000 | 43 |
| 2013 | $270,000 | +0.4% | $125,000 | $460,000 | 52 |
| 2014 | $285,000 | +5.3% | $217,500 | $540,000 | 32 |
| 2015 | $295,000 | +3.4% | $150,000 | $495,000 | 28 |
| 2016 | $303,000 | +2.6% | $215,000 | $545,000 | 41 |
| 2017 | $357,000 | +15.1% | $250,000 | $885,000 | 28 |
| 2018 | $425,000 | +16.0% | $346,000 | $590,000 | 20 |
| 2019 | $460,000 | +7.6% | $181,000 | $780,000 | 24 |
| 2020 | $480,000 | +4.2% | $289,400 | $912,000 | 30 |
| 2021 | $630,000 | +23.8% | $320,000 | $790,000 | 39 |
| 2022 | $660,000 | +4.5% | $280,000 | $1,750,000 | 23 |
| 2023 | $600,000 | -10.0% | $395,000 | $730,000 | 22 |
Median Sale Price
$623K
Based on 28 recorded sales within the last 12 months
Updated on 28 Sep 2023
Suburb Growth
-5.2%
Current Median Price: $622,500
Previous Median Price: $655,000
Based on 57 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2023)
Price Range Segments (12 months ending Aug 2023)
Median Weekly Rent Price
House
-
Updated on Jul 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $255 | 0.0% | $255 | $255 | 1 |
| 2014 | $320 | +20.3% | $210 | $360 | 12 |
| 2015 | $320 | 0.0% | $220 | $385 | 16 |
| 2016 | $330 | +3.0% | $200 | $455 | 20 |
| 2017 | $380 | +13.2% | $200 | $500 | 16 |
| 2018 | $400 | +5.0% | $230 | $495 | 22 |
| 2019 | $440 | +9.1% | $320 | $625 | 17 |
| 2020 | $480 | +8.3% | $380 | $550 | 12 |
| 2021 | $480 | 0.0% | $230 | $680 | 22 |
| 2022 | $500 | +4.0% | $350 | $650 | 20 |
| 2023 | $530 | +5.7% | $310 | $695 | 20 |
Median Rent Price
$525
per week
Based on 29 recorded rent within the last 12 months
Updated on 28 Sep 2023
Rent Price Growth
+4.8%
Current Median Rent: $525
Previous Median Rent: $500
Based on 43 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $622,500
Current Median rent: $525
Based on 57 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2023)
Schools closest to Montrose, TAS 7010
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Montrose Bay High School | 865 BROOKER AVENUERosetta 7010 | Secondary | Government | 0.53 km |
| Glenorchy Primary School | KENSINGTON STREETGlenorchy 7010 | Primary | Government | 0.83 km |
| Rosetta Primary School | RIVERVIEW PARADERosetta 7010 | Primary | Government | 0.76 km |
| Cosgrove High School | 286 - 294 MAIN ROADGlenorchy 7010 | Secondary | Government | 1.89 km |