OFF MARKET

2/508 Main Road
Montrose TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 197m2
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Property Details for 2/508 Main Rd, Montrose

2/508 Main Rd, Montrose is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 197m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1990
Floor Size
79m2
Land Size
197m2
Local Government
Glenorchy
Lot/Plan
2/56527

Last Listing description (February 2023)

If you're looking for a quality, low maintenance property in a super convenient location that is perfect for the small family, single or couples then this spacious low set brick villa is the one for you!

Currently set up for the investor with great tenants in place paying $430 per week until February 2023.

The location is on point with the popular Rosetta IGA and Bakery just 3 doors down. Public transport mere metres from your front door. Local schools a hop, skip and a jump away. Tasmania's 2nd largest shopping centre Northgate is a casual 1.1km stroll down the road. In only approximately a 15 min drive you will find yourself in the thick of it in down town Hobart.

2/508 Main Road Montrose offers:
* Low set 2 bedroom brick villa built in 1989
* Low maintenance fully fenced yard
* Open plan living with reverse cycle heat pump
* Kitchen overlooking the living space
* Bathroom with shower and bath
* Separate toilet
* Separate laundry
* Single lock up garage
* Additional off street parking
* 3 doors down from the famous Rosetta IGA and Bakery
* 1.1km, approximately 15min walk down the road to the Northgate Shopping Centre
* Hop skip and jump to local schools
* Public transport with in 150 - 200m from the front door
* 10.4km, approximately 15min drive into the heart of Hobart's CBD
* Currently rented till February 2023 for $430 per week

For your opportunity to break into the market, down size or to add another quality investment property to your portfolio book in your private tour today with either Raimo or Gary.

Property History for 2/508 Main Rd, Montrose, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$470,000
02 Dec 2022
Listed for Rent
$430/w
18 May 2022
  • 02 Dec 2022
    Sold for $470,000
  • 25 Nov 2022
    Listed for Sale Offers Over $425,000
  • 11 May 2022
    Listed for Rent $430 / week
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About 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.
There are currently 6 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Montrose.

Suburb Insights for Montrose 7010

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.