1042 Mount Dandenong Tourist Road, Montrose VIC 3765
This property is Off Market
- The Average property price in this area is $1,216,033, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 32.55 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Montrose
With an average age of 41, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $340. The average family earns a weekly income of $2,187 with a typical household size of 3 and a 95.05% employment rate.
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.
Public Transport
Croydon
Mooroolbark
Bayswater
Boronia
Lilydale
Upper Ferntree Gully
Ferntree Gully
Ringwood East
Upwey
Heathmont
General Points of Interest
Canterbury Gardens Shopping Centre
Wantirna Golf Range
Ferny Creek War Memorial
Montrose War Memorial
Gym
Lilydale Basketball Stadium
Lilydale Croquet Club
The Fuzzy Wuzzy Angels
Ray Little Johns Memorial
One Tree Hill
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1020 asthma sufferers and 243 people living with diabetes. In addition, 308 people have a heart/vascular condition and 563 people live with three or more chronic diseases.A good place to invest in property?
Montrose a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
60 / 100
52 / 100
Industry
08 / 100
17 / 100
Population
14 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
29 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsYarra Hills Secondary College Montrose Primary School
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Mount Dandenong Primary School
Mount Dandenong, VIC, 3767 State Prep-6 -
Edinburgh College
Lilydale, VIC, 3140 Independent Prep-12 -
Montrose Primary School
Montrose, VIC, 3765 State Prep-6 -
Mount Evelyn Christian School
Mount Evelyn, VIC, 3796 Independent Prep-12 -
Gladesville Primary School
Kilsyth, VIC, 3137 State Prep-6
Property Story
1042 Mount Dandenong Tourist Road, Montrose, Vic, 3765 is a residential property . The estimated distance to the sea is 32.55km and 0.02KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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