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Montrose
VIC, 3765 - Yarra Ranges

Thinking about buying in Montrose? Now could not be a better time, with 3009 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,219,000 with prices in this suburb ranging from $297,000 to $9,016,000. The aproximate distance to the coast is 27 Km.

Household Makeup

Median Weekly Rent $358.75
Median Monthly Mortgage $2014.15
Median Persons Per Bedroom 0.80
Average Household Size 2.95
Average Age 40.05
Average Income $886.75
Average Cars Per Dwelling 2.26
Average Properties Within 50M 7

Housing Stock

Average Property Prices

1 Bed  $560,000
2 Bed  $869,000
3 Bed  $1,099,000
4 Bed  $1,383,000
5 Bed  $1,580,000
6 Bed+$2,711,000

Montrose Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Montrose driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Montrose ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Montrose provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Montrose the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Montrose

Fletchers 1042 mount dandenong tourist rd, montrose, vic, 3765 Beds5 Bathrooms4 Parking 3 For Sale $1,600,000 - $1,700,000

Local Schools

Montrose Primary School

Billanook Primary School

Mount Evelyn Christian School

Edinburgh College

Gladesville Primary School

Billanook College

Ghilgai School

St Richard's Primary School

Mooroolbark East Primary School

Pembroke Primary School

(While the above schools are located with the suburb of Montrose there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Montrose weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

KilsythMount DandenongKaloramaKilsyth SouthMooroolbarkMount EvelynOlindaThe BasinSassafrasBayswater North

Public Transport


General Points of Interest

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