Market snapshot
Suburb insights for Montrose3765
Change suburbMontrose 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.
Sales data
Median sale price
$915k
Quarterly price change
-8.6%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Montrose | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $810,000 | $807,500 |
| 4 | $1,009,250 | $950,000 |
| Insight | Montrose | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 22 | 42 |
Rental data
Median weekly rent
$653
Rental yield
3.6%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Montrose | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | - | $550 |
| 4 | - | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.