Meander vs Montrose
Property investment comparison - Meander, TAS 7304 vs Montrose, TAS 7010
Head-to-head across core investment metrics: Meander wins 1, Montrose wins 2. 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 | Meander | Montrose |
|---|---|---|
| Median house price | $695K | $695K |
| Median unit price | - | $510K |
| Gross rental yield (houses) | - | 4.80% |
| Gross rental yield (units) | - | 4.97% |
| 1-year house growth | +2.1% | +14.1% |
| 3-year house growth | +16.5% | +7.7% |
| Vacancy rate | 2.9% | 0.9% |
| Population | 337 | 2,313 |
Meander vs Montrose: what the numbers say
Houses cost about the same in both suburbs: the median house price is $695K in Meander and $695K in Montrose.
Over the past year house prices moved +2.1% in Meander and +14.1% in Montrose, so recent momentum favours Montrose, although both suburbs recorded growth.
Looking back three years, Meander houses are +16.5% and Montrose houses +7.7%, so Meander has compounded faster than Montrose over the longer window.
Rental vacancy is 0.9% in Montrose and 2.9% in Meander, so landlords in Montrose face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Montrose is the bigger suburb, with a population of 2,313 against 337, roughly 7 times the size of Meander; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Montrose for recent price momentum, Montrose for the tighter rental market. 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison