Montrose Suburb Profile

Victoria 3765

Montrose has 2,787 properties. Over the last 5 years, Houses in Montrose have seen a 30.34% increase in median value, while Units have seen a 17.88% increase. As at 31 October 2024:

• The median value for Houses in Montrose is $953,004 while the median value for Units is $670,075.
• Houses have a median rent of $678 while Units have a median rent of $445.

The size of Montrose is approximately 11.1 square kilometres. It has 15 parks covering nearly 26.7% of total area. The population of Montrose in 2011 was 6,732 people. By 2016 the population was 6,761 showing a population growth of 0.4% in the area during that time. The predominant age group in Montrose is 40-49 years. Households in Montrose are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montrose work in a trades occupation. In 2011, 84.6% of the homes in Montrose were owner-occupied compared with 85.3% in 2016.