Chat with us, powered by LiveChat
Yarra Ranges Shire
Montrose

Montrose Property Market
& Suburb Profile

Powered by Proptrack

MEDIAN PRICES IN MONTROSE

Median house price

(all agencies, last 12 months)$1.0m*

House price change

(all agencies, last 12 months)+7.53%

Median unit price

(all agencies, last 12 months)$732k*

Unit price change

(all agencies, last 12 months)+13.31%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MONTROSE PRICE TRACKER

HousesUnits

MONTROSE SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)22

Average days on market (units)

(all agencies, 12 months)15

Auction clearance rate in Montrose

(all agencies, last 12 months)100%

Average held period in Montrose

(proptrack)12 years

MONTROSE INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$684pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$574pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.69%

Average rental yield for Units

(all agencies, last 12 months)4.38%

Montrose total population size

(as at the last census)6,900

Median household size in Montrose

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

MONTROSE PROPERTY TYPES

  • Houses 62%
  • Units 5%
  • Other 33%

OCCUPANCY IN MONTROSE

  • Owned 88%
  • Rented 9%
  • Other/Not Stated 3%
  • Singles 19%
  • Families 79%
  • Other 1%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

Request a free price evaluation from our experienced team

ABOUT MONTROSE

Montrose offers a peaceful, family-oriented lifestyle at the foothills of the Dandenong Ranges, perfectly balancing a quiet country town feel with modern suburban convenience.

Living in Montrose means enjoying a refreshing mountain outlook and immediate access to nature, with the suburb containing 15 parks that cover nearly 27% of its total area.

The community revolves around a friendly town centre that hosts essential services including an IGA supermarket, a public library, and a town hall, alongside popular local spots like the Posie Project café and Montrose Bakery. Families are particularly drawn to the highly regarded Montrose Primary School and the award-winning Montrose Community Playground, which is a local landmark featuring all-abilities play equipment and a miniature village. For recreation, residents can explore the Doongalla Picnic Ground or take on the popular Fire Trail for spectacular views of the region.

Property styles in the area are predominantly spacious, three and four-bedroom family homes on generous, leafy allotments, with a high owner-occupancy rate of nearly 88%. While the suburb feels secluded and rural, it remains well-connected with regular bus services to nearby rail stations and a straightforward commute to the Melbourne CBD in under an hour via the Eastern Freeway.

Education

Billanook Primary School
Montrose Primary School
Powered by Proptrack

MONTROSE MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202697$866,0007.53%27$629pw4.04%
2025102$856,0004.14%25$623pw4.04%
2024103$793,75010.76%28$597pw4.04%
202382$677,000-7.87%23$553pw3.76%
202289$810,3137.91%39$503pw3.57%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202697$866,000+7.53%
2025102$856,000+4.14%
2024103$793,750+10.76%
202382$677,000-7.87%
202289$810,313+7.91%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202627$629pw4.04%
202525$623pw4.04%
202428$597pw4.04%
202323$553pw3.76%
202239$503pw3.57%

PROUDLY SERVICING Montrose

Barry Plant
Croydon

BROWSE MORE SUBURBS

Kilsyth

Mount Dandenong

Mooroolbark

NEWS & INSIGHTS

Barry Plant Launches Industry First Vendor App at Kickstart Conference

Icing on the Cupcake

Is Your Property Storm-Ready? A Guide to Roof Care

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 28 February 2025 to 28 February 2026, last updated 28 February 2026.