Median Sale Price
House
$481K
Updated on Aug 2020
2 BR - | 3 BR $461K | 4 BR $520K |
Unit
$320K
Updated on Aug 2020
1 BR - | 2 BR $335K | 3 BR $307K |
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 | $485,000 | +5.2% | $289,400 | $850,000 | 19 |
Median Sale Price
$485K
Based on 24 recorded sales within the last 12 months
Updated on 28 Sep 2020
Suburb Growth
+12.4%
Current Median Price: $485,000
Previous Median Price: $425,000
Based on 48 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$450
Updated on Aug 2020
2 BR $335 | 3 BR $463 | 4 BR $550 |
Unit
$350
Updated on Aug 2020
1 BR $298 | 2 BR $350 | 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 | $550 | 17 |
| 2020 | $460 | +4.3% | $380 | $525 | 5 |
Median Rent Price
$460
per week
Based on 11 recorded rent within the last 12 months
Updated on 28 Sep 2020
Rent Price Growth
+7.6%
Current Median Rent: $460
Previous Median Rent: $425
Based on 29 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $485,000
Current Median rent: $460
Based on 35 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Montrose
Houses sold in Last 12 months ends 26 Sep 2020
$0M
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$0M
Highest Sale Price
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 |