115 Montrose Road, Montrose, TAS 7010 | Property Value & History | OnTheHouse
OFF MARKET

115 Montrose Road
Montrose TAS 7010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 72m2
Land area: 4612m2
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Property Details for 115 Montrose Rd, Montrose

Building Type
Land
Year Built
2018
Floor Size
72m2
Land Size
4612m2
Local Government
Glenorchy
Lot/Plan
1/43685

Last Listing description (May 2026)

Tucked into one of Montrose's most established residential pockets and sweeping across an expansive 4,612 square metres, this is a parcel of land that rewards the imagination. Elevated above the Derwent and framed by the soft contours of Kunanyi / Mt Wellington in the distance, the land captures the kind of outlook that defines Hobart's northern hillsides - wide, open and unmistakably Tasmanian.

The position is genuinely compelling. Just five minutes from Glenorchy's CBD, with shopping, dining, schools and the public bus route all within easy reach, this is a holding that balances the seclusion of an elevated bushland setting with the convenience of suburban infrastructure on the doorstep. All major services are readily accessible at the boundary, removing many of the early-stage hurdles that often complicate raw land acquisition.

For developers, the opportunity here is well-defined. Previously approved for subdivision into a minimum of four blocks, the site arrives with a meaningful head start - a clear feasibility framework already established and the heavy lifting of preliminary planning behind you. The generous land area and dual aspect lend themselves to a thoughtful subdivision layout, with each future allotment positioned to capture the elevated outlook and northerly light that make this part of Montrose so sought after.

Equally, for those drawn to the idea of building a single substantial residence, the canvas is extraordinary. A footprint of this scale within the greater Hobart region is increasingly uncommon and the natural slope of the land invites a considered architectural response - split-level living, terraced gardens, room for a workshop or studio, perhaps even a second dwelling (eg; granny or unit) subject to council approval. The native vegetation, mature gums and gentle gradient lend the site an immediate sense of character that's difficult to manufacture.

Whether the vision is a multi-lot subdivision delivering strong returns in a tightly held suburb, or a private family retreat with views that stretch to the river and beyond, 115 Montrose offers the rare combination of scale, position and groundwork already laid. Land of this calibre, in a location this connected, doesn't present itself often.

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Property History for 115 Montrose Rd, Montrose, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$360,000
12 Jun 2021
  • 05 May 2026
    Listed for Sale Offers Over $520,000
  • 04 Nov 2025
    Listed for Sale Offers Over $599,000
  • 23 Jan 2024
    Listed for Sale Not Disclosed
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About Montrose 7010

The size of Montrose is approximately 2.9 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Montrose in 2016 was 2152 people. By 2021 the population was 2313 showing a population growth of 7.5% in the area during that time. The predominant age group in Montrose is 30-39 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a community and personal service occupation.In 2021, 68.60% of the homes in Montrose were owner-occupied compared with 70.80% in 2016.

Montrose has 1,114 properties. Over the last 5 years, Houses in Montrose have seen a 39.07% increase in median value, while Units have seen a 24.66% increase. As at 30 April 2026:

  • The median value for Houses in Montrose is $706,513 while the median value for Units is $483,609.
  • Houses have a median rent of $565 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Montrose on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Montrose.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.