7/12 Tilyard St, Montrose is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 138m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Outstanding opportunity to buy your first home, downsize or jump onto the increasingly popular property investment ladder.Located within a quiet, respectful complex, this larger than average villa home boasting three bedrooms, fosters a warm, inviting ambiance with Tasmanian Oak flooring, a sunny northerly aspect and neutral decor throughout.The bright, sunny living area as you walk through the front door is highly appealing, whilst upon entering the master bedroom, captivating water views to Hobart's iconic Derwent River are immediately evident - both a beautiful start and close to your day.Being close to local schools, medical facilities, shops, services and transport this property's low maintenance versatility will suit nearly any buyer profile within a budget friendly price bracket.Further potential exists to capitalise with some simple cosmetic touches that will enhance and value add to this already attractive package.Representing excellent value in today's buoyant real estate market, whether a first home buyer, retiree, investor, or for those with the travel bug seeking a stress free lock-up and leave option, this might just be the one you've been waiting for.The current rental assessment for this property is approx $360pw.
The size of Montrose is approximately 2.9 square kilometres. There are 6 parks, covering nearly 2.2% of the 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 1,111 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:
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