Suburb Profile Report for Montello TAS (7320)

Montello House: Median price $175,000, Annual capital growth 1.11%, Number of sales 31, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Montello, 7320 ranked 143th in TAS when comparing growth in median property values or capital gain over the last 12 months. Montello is one of 606 in our list for TAS

Comparing Montello,7320 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

The most recent median price for Montello is $175000, with sellers offering an average of -9.99% off the asking price.

Often selling an investment property can take time, and in Montello the average time real estate has been on the market is 90.04 days.

Renters in Suburb are facing rents around $2880 per annum or $240 every week.

HOUSE UNIT
$175,000 N/A
-4.11% N/A
-4.63% N/A
1.11% N/A
$240 N/A
31 N/A
7.13% N/A
90.04 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Montello TAS
Demographics
Total population 1198
Median household income ($/weekly) 813
Median age of persons 35
Median housing loan repayment ($/monthly) 1083
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 138 11.5
    25-34 years 151 12.6
    35-44 years 135 11.3
    45-54 years 176 14.7
    55-64 years 131 10.9
    Others 467 39.0
    Age Group
    Census Count Percent(%)
    Not Married 398 45.6
    Registered Married 345 39.5
    Defacto Relationship 130 14.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1022 93.0
    Papua New Guinea 8 0.7
    Philippines 5 0.5
    South Africa 6 0.5
    United Kingdom 33 3.0
    Others 25 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 652 64.1
    No Religion 350 34.4
    Buddhism 8 0.8
    Hinduism 4 0.4
    Islam 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 57 12.3
    $400-$599 80 17.3
    $600-$799 54 11.7
    $800-$999 60 13.0
    $1,500-$1,999 52 11.2
    Others 160 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 353 39.2
    Employed, worked full-time 298 33.1
    Employed, worked part-time 163 18.1
    Unemployed, looking for work 65 7.2
    Employed, away from work 21 2.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 79 16.4
    Technicians & trades workers 80 16.6
    Community & personal service workers 48 10.0
    Clerical & administrative workers 68 14.1
    Labourers 65 13.5
    Others 142 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 12 5.2
    Infants/Primary 93 39.9
    Secondary 66 28.3
    Technical or Further Educational Institution 35 15.0
    University or other Tertiary Institutions 22 9.4
    Others 5 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1072 98.1
    Semi-detached, row or terrace house, townhouse 12 1.1
    Flat, unit or apartment 9 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 197 40.0
    Being purchased 153 31.1
    Fully owned 142 28.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals