Median Sale Price
House
$465K
Updated on Jan 2020
2 BR - | 3 BR $391K | 4 BR $603K |
Unit
$323K
Updated on Jan 2020
1 BR - | 2 BR $320K | 3 BR $352K |
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 | $481,000 | +4.4% | $289,400 | $485,000 | 6 |
Median Sale Price
$481K
Based on 26 recorded sales within the last 12 months
Updated on 20 Feb 2020
Suburb Growth
+11.6%
Current Median Price: $481,000
Previous Median Price: $425,000
Based on 50 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$320
Updated on Jan 2020
2 BR $320 | 3 BR $395 | 4 BR $343 |
Unit
$255
Updated on Jan 2020
1 BR $195 | 2 BR $320 | 3 BR $135 |
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% | $220 | $495 | 22 |
| 2019 | $440 | +9.1% | $320 | $550 | 17 |
| 2020 | $460 | +4.3% | $460 | $460 | 1 |
Median Rent Price
$450
per week
Based on 15 recorded rent within the last 12 months
Updated on 20 Feb 2020
Rent Price Growth
+8.9%
Current Median Rent: $450
Previous Median Rent: $410
Based on 38 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $481,000
Current Median rent: $450
Based on 41 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Montrose
Houses sold in Last 12 months ends 15 Feb 2020
$391K
Median Sale Price
100%
Clearance Rate
10/10
Sold/Reported
$610K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 1 | |
| $400 K - $600 K | 2 | |
| less than $400 K (Median Price Range) | 4 | |
Similar Suburbs to Montrose 7010
Based on median house sale price sold in last 12 months
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 |