At number 4002th in the list of Australian suburbs ordered by increase in median house value over the last year, Monto, 4630 is in the BOTTOM 10% with a property value increase of -23.91% recorded in median house prices.
Monto,4630 has offered an average of -23.91% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Monto should be aiming for at least -11.45% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 46 properties changed hands in Monto, which puts it as the 487th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Monto being $87500 and the advertised rent reaching $190 the gross rental yield for property investors calculates out to be 11.29%