Montrose Suburb Profile
Victoria 3765

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Montrose has 2,790 properties. Over the last 5 years, Houses in Montrose have seen a 27.99% increase in median value, while Units have seen a 14.55% increase. As at 30 November 2024:

  • The median value for Houses in Montrose is $952,872 while the median value for Units is $664,322.
  • Houses have a median rent of $640 while Units have a median rent of $445.
There are currently 5 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Montrose.

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.

Suburb Insights for MONTROSE 3765

Market Insights
Montrose Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Montrose Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 6,761

0-9

 

13%

10-19

 

12%

20-29

 

11%

30-39

 

12%

40-49

 

14%

50-59

 

13%

60-69

 

12%

70-79

 

7%

80-89

 

4%

90-99

 

2%

Household Structure
Occupancy

Last Updated: 18/12/2024

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.