At number 2610th in the list of Australian suburbs ordered by increase in median house value over the last year, Montello, 7320 is in the BOTTOM 40% with a property value increase of 2.22% recorded in median house prices.
Comparing Montello,7320 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Montello7320 is located in TAS which offers an average discount of -6.89% to property investors. Montello itself is showing figures that indicate -11.49% is the average achievable by property buyers investing in the suburb.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 6.78%, without taking into account capital value appreciation, which has been averaging out at 1.20%.