Montrose

POSTAL CODE: VIC, 3765

HOUSE

MONTROSE ranks 72nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 8.51% for the past year is higher than average compared to its 29.48% growth within a five-year period.

Also in MONTROSE, the median home price is sitting at $975,000, and the average rent at $665, this suggests property owners could potentially earn a 3.55% increase in gross rental yield.

Property investors have seen a 1.77% gain in MONTROSE based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.85% growth over a ten-year period. It ranks 2796th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$975,000	N/A
Growth Report
Median Quarterly	1.77%	N/A
Median 12 month	8.51%	N/A
Median 3 years	7.44%	N/A
Median 5 years	29.48%	N/A
10 years average annual	5.85%	N/A
Weekly media advert. rent	$665	N/A
Time on Market	27.4 days	N/A
Gross Rental Yield Percent	3.55%	N/A

Demographics (Median Values)*

Total Population 6761

Weekly Household Income 1707

Household Size 2.80

Average Age 41

Monthly Loan Repayment 1761

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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