TAS/
Montrose

Suburb Profile

Montrose - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7010

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unit

Property investments in MONTROSE fare well against the rest of the country last year, registering a median home price increase of 16.02%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MONTROSE, 7010 saw average growth in the long term.

Real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 49.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $358,500.

MONTROSE ranks 51st on the list of best yielding suburbs for rental properties in TAS, posting a 5.51% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $358,500 $240,000
GROWTH REPORT
Median Quarterly 3.61% 12.94%
Median 12 month 16.02% 11.63%
Median 3 years 30.96% 22.76%
Median 5 years 33.27% 10.6%
10 years average annual 3.86% 4.33%
Weekly media advert. rent $380 $275
Time on Market 49.7 days 0.0 days
Gross Rental Yield Percent 5.51% 5.96%
demographics (median values)
Total Population
2008
Weekly Household Income
645.7
Household Size
2.10
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Capital Gains Tax (CGT) Calculator

Montrose, TAS
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