2/5 Herbert StreetMontrose TAS 7010
Property Details for 2/5 Herbert St, Montrose
2/5 Herbert St, Montrose is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1954. The property has a land size of 444m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Last Listing description (October 2016)
DELIGHTFUL BRICK AND TILE IN A PEACEFUL WELL ESTABLISHED AREA WITHIN WALKING DISTANCE TO 3 SHOPPING COMPLEXES, LOCAL TRANSPORT, SCHOOLS AND MEDICAL FACILITIES. NEAT AND TIDY, GREAT BUYING FOR THOSE LOOKING FOR A SINGLE LEVEL DWELLING WITH FLAT ENTRY. THE HOME WILL SUIT FIRST HOME BUYERS, DOWNSIZERS OR AN INVESTOR LOOKING TO ADD A LOW MAINTENANCE PROPERTY TO THEIR PORTFOLIO, THIS PROPERTY COULD ACHIEVE A GROSS RETURN OF AROUND 5.5%. THIS GENEROUS SIZED AIR CONDITIONED BRICK HOME HAS 2 GOOD SIZED BEDROOMS WITH BUILT-INS AND BATHROOM WITH SEPARATE SHOWER AND TOILET. THE PRETTY WELL LANDSCAPED GARDENS ARE FULLY FENCED; LOCK-UP GARAGE, CARPORT AND UNDERCOVER ENTERTAINING AREA.
Property History for 2/5 Herbert St, Montrose, TAS 7010
- 20 Mar 2017Sold for $287,500
- 12 Oct 2016Listed for Sale BY NEGOTIATION
- 13 Jun 2014Sold for $240,000
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0About Montrose 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 1,113 properties. Over the last 5 years, Houses in Montrose have seen a 44.21% increase in median value, while Units have seen a 50.94% increase. As at 31 October 2024:
- The median value for Houses in Montrose is $593,508 while the median value for Units is $443,958.
- Houses have a median rent of $500 while Units have a median rent of $430.
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