2/25 Philip Avenue

Montrose TAS 7010

The size of Montrose is approximately 2.9 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Montrose in 2011 was 2,002 people. By 2016 the population was 2,168 showing a population growth of 8.3% in the area during that time. The predominant age group in Montrose is 50-59 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a clerical occupation. In 2011, 71.8% of the homes in Montrose were owner-occupied compared with 70.8% in 2016.

Montrose has 1,110 properties. Over the last 5 years, Houses in Montrose have seen a 44.37% increase in median value, while Units have seen a 57.56% increase. As at 30 September 2024:

• The median value for Houses in Montrose is $589,816 while the median value for Units is $453,071.
• Houses have a median rent of $500 while Units have a median rent of $440.