8/528 Main Road, Montrose, TAS 7010 sold on 10 March 2026 | OnTheHouse
SOLD
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Sold on 10 Mar 2026 for $520,000

8/528 Main Road
Montrose TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 259m2
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Property Details for 8/528 Main Rd, Montrose

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.

Building Type
House
Year Built
1992
Floor Size
84m2
Land Size
259m2

Last Listing description (March 2026)

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.

Property History for 8/528 Main Rd, Montrose, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$520,000
10 Mar 2026
Listed for Rent
$275/w
27 May 2016
  • 10 Mar 2026
    Sold for $520,000
  • 03 Mar 2026
    Listed for Sale Offers over $475,000
  • 18 May 2016
    Listed for Rent $274 / week
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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 39.58% increase in median value, while Units have seen a 25.62% increase. As at 31 March 2026:

  • The median value for Houses in Montrose is $696,091 while the median value for Units is $478,693.
  • Houses have a median rent of $560 while Units have a median rent of $480.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Montrose on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Montrose.

Suburb Insights for Montrose 7010

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Tay Smook
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Elders Tasmania
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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.