Market snapshot

Suburb insights for Montrose3765

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Montrose is a thriving township situated at the start of the Mount Dandenong Tourist Road located 34 east of Melbourne. Mt Dandenong and Mt Corhanwarrabul stand majestically behind providing a stunning backdrop to this shopping area. Smaller shopping strips can also be found on neighbouring Leith Road and within a residential area on Stradbroke Road. The Montrose Town Centre consists of a public library and a vibrant hall where workshops concerts and stage performances are held. The area features Horse riding trails parks reserves and bicycle tracks. All this open space and the scenic mountain backdrop and you’re just at the gateway to all that the Dandenong Ranges has to offer.

Recent sales and auction results in Montrose

AddressBedroomsPriceTypeMethodSale DateAgentListing
7 Jubilee Rd, Montrose3PriceHousePrivate Sale25/05/2024Professionals Outer EastView

Sales data

Median sale price
$953k
Quarterly price change
6.5%
Metro Melbourne Comparison
$929k
2%
BedroomsMontroseMetro comparison
2-$920,000
3$780,000$810,000
4$953,000$965,000
InsightMontroseMetro comparison
Clearance rate75.3%
Days on market2040

Rental data

Median weekly rent
$710
Rental yield
4.2%
Metro Melbourne Comparison
$550
3.1%
BedroomsMontroseMetro comparison
2-$550
3-$520
4-$575
Median data for the current quarter

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