8/528 Main Rd, Montrose is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1992. The property has a land size of 259m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom House sold in Montrose in the last 12 months.
Positioned within a well-maintained complex in the heart of Montrose, 8/528 Main Road presents a compelling opportunity for the astute investor seeking stability, immediate income and future upside. Importantly, the unit is set well back from Main Road, offering a quiet setting that enhances tenant appeal while maintaining outstanding convenience.
This neatly presented two-bedroom unit offers durability and low-maintenance ownership. A long-term tenant of over 10 years is in place until January 2028, providing reliable income at $400 per week, with a scheduled rental increase from February 2027 - delivering confidence and continuity from day one.
The home is thoughtfully designed with a practical floorplan that separates accommodation from living via a central hallway. The light-filled open plan living and dining zone creates a welcoming central hub, enhanced by a reverse cycle air conditioner for year-round comfort. The kitchen connects seamlessly to a dedicated laundry, providing direct access to a fully fenced, private backyard complete with a shed.
Both bedrooms are generously proportioned and fitted with built-in wardrobes, serviced by a centrally located bathroom. Complete with ample hallway storage further and off-street parking as well as visitor parking, adds additional practicality and tenant appeal.
Beyond its current performance, the property presents genuine scope to add value over time. Cosmetic enhancements or thoughtful updates in the future may further strengthen rental yield and capital growth prospects.
Montrose continues to be a consistently strong-performing suburb within Hobart's northern corridor. Positioned approximately 15-20 minutes from the CBD, it also offers convenient close access to Glenorchy's major shopping precinct, schools, public transport and essential services. The suburb is known for its ongoing buyer and tenant demand driven by affordability relative to inner-city markets.
Secure income, quiet positioning, and long-term growth fundamentals - a sound addition to any investment portfolio.
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 39.58% increase in median value, while Units have seen a 25.62% increase. As at 31 March 2026:
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