Montrose, VIC 3765

Montrose, VIC 3765

Compare Part of Yarra Ranges

33.34 km
Distance from CBD
7 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$400,000
0.0% $240,000 $870,000 102
2010
$470,500
+15.0% $350,100 $1,286,000 97
2011
$455,000
-3.4% $285,000 $1,605,000 124
2012
$450,000
-1.1% $315,000 $1,030,000 85
2013
$450,000
0.0% $300,000 $1,850,000 92
2014
$490,000
+8.2% $341,000 $1,250,000 106
2015
$590,000
+16.9% $340,000 $2,350,000 119
2016
$650,000
+9.2% $320,000 $2,450,000 97
2017
$740,000
+12.2% $550,000 $2,751,000 77
2018
$750,000
+1.3% $499,000 $2,015,000 87
2019
$721,000
-4.0% $532,000 $1,600,000 81
2020
$753,000
+4.2% $542,000 $2,500,000 62
2021
$870,000
+13.4% $600,000 $1,720,000 102
2022
$930,000
+6.5% $650,000 $2,020,000 77
2023
$853,000
-9.0% $636,500 $1,860,000 68
2024
$918,000
+7.1% $740,000 $1,810,000 17
Median Sale Price
$853K
Based on 69 recorded sales within the last 12 months
Updated on 28 Mar 2024
Suburb Growth
-4.3%
Current Median Price: $853,000
Previous Median Price: $890,000
Based on 142 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$360
0.0% $200 $450 18
2012
$380
+5.3% $250 $650 27
2013
$350
-8.6% $240 $590 35
2014
$425
+17.6% $350 $580 17
2015
$370
-14.9% $230 $700 33
2016
$390
+5.1% $220 $2,124 37
2017
$420
+7.1% $240 $700 32
2018
$430
+2.3% $300 $650 20
2019
$460
+6.5% $340 $690 21
2020
$430
-7.0% $370 $895 21
2021
$460
+6.5% $320 $650 17
2022
$480
+4.2% $300 $750 26
2023
$630
+23.8% $370 $1,950 16
2024
$600
-5.0% $600 $600 1
Median Rent Price
$630
per week
Based on 10 recorded rent within the last 12 months
Updated on 28 Mar 2024
Rent Price Growth
+21.4%
Current Median Rent: $630
Previous Median Rent: $495
Based on 36 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $853,000
Current Median rent: $630
Based on 79 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Montrose

Houses sold in Last 12 months ends 23 Mar 2024

$799K

Median Sale Price

75%

Clearance Rate

6/8

Sold/Reported

$1.17M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M 1
$600 K - $800 K
(Median Price Range)
3
less than $400 K 1

Schools closest to Montrose, VIC 3765

School name Address Type Sector Distance
Montrose Primary School LEITH ROADMontrose 3765 Primary Government 0.27 km
Billanook Primary School 270 SHEFFIELD ROADMontrose 3765 Primary Government 1.78 km
Pembroke Primary School PEMBROKE ROADMooroolbark 3138 Primary Government 2.23 km
Mount Dandenong Primary School FARNDONS ROADMount Dandenong 3767 Primary Government 2.67 km