Investment property in Montello has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.78%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Montello has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Montello is offering property investors an average of -6.77. This rate of discount on properties puts Suburb at number 8th in terms of most discounted suburbs in TAS
Residents and property investors in Montello have been waiting around 109.34 days to sell a property.
The TAS suburb of Montello, 7320 is in the Burnie local government area.