Carlton vs Montrose
Property investment comparison - Carlton, TAS 7173 vs Montrose, TAS 7010
Head-to-head across core investment metrics: Carlton wins 2, Montrose wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Carlton | Montrose |
|---|---|---|
| Median house price | $690K | $695K |
| Median unit price | $1.2M | $510K |
| Gross rental yield (houses) | - | 4.80% |
| Gross rental yield (units) | - | 4.97% |
| 1-year house growth | +20.2%estimate | +14.1% |
| 3-year house growth | - | +7.7% |
| Vacancy rate | 0.9% | 0.9% |
| Population | 1,363 | 2,313 |
Carlton vs Montrose: what the numbers say
The median house price is $690K in Carlton and $695K in Montrose, so Carlton is the cheaper entry point, with Montrose houses about 1% dearer.
For units, Carlton sits at a median of $1.2M against $510K in Montrose, which makes Montrose the more affordable unit market and Carlton the pricier one.
Over the past year house prices moved +20.2% in Carlton (an estimate) and +14.1% in Montrose, so recent momentum favours Carlton, although both suburbs recorded growth.
Rental vacancy is the same in both, at 0.9%.
Montrose is the bigger suburb, with a population of 2,313 against 1,363, larger than Carlton; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Carlton for a lower purchase price, Carlton for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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