Free full calculator โ†’
Suburb Insights ยท TAS 7010

Montrose 7010, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Montrose is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 2,313, making it a boutique locality. Located approximately 9 km from the Hobart CBD, Montrose is a middle ring area in Tasmania. The median household income is $72,280 AUD per year (ABS 2021 Census).

Investment Score

55 / 100 Moderate

Montrose has a solid income profile that supports reliable occupancy rates. The short commute to the city centre is a key demand driver.

Location

Map shows Montrose, Tasmania, Australia.

Key Indicators

Postcode
7010

Official Australia Post postcode for Montrose. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
2,313

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$343/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$72,280/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
9 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

Find schools near Montrose on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,349/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
80% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Montrose's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $343/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,349/month. 80% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

Holding property in Montrose over the medium term may deliver steady, if unspectacular, returns.

โš ๏ธ
Rental Yield

Montrose can deliver reasonable rental income, though yields are not the primary draw.

โŒ
Renovation / Flip

The resale market in Montrose may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Montrose property

Full Property Analysis

30-year projections for Montrose

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Montrose should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Montrose should see steady occupancy, with moderate upward pressure on rents. The market mood around Montrose is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Montrose a good suburb for investment?

Montrose is a middle ring area in Tasmania with a population of 2,313. The median rent is $343/week and the median household income is $72,280/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Montrose?

Key demand drivers in Montrose include established amenities and transport access. 80% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Montrose?

According to the ABS 2021 Census, Montrose has a population of approximately 2,313. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Montrose from the Hobart CBD?

Montrose is approximately 9 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

Explore Nearby Suburbs

Tasmania Property Resources