Suburb Profile Report for Montagu Bay TAS (7018)

Montagu Bay House: Median price $523,750, Annual capital growth -4.75%, Number of sales 16, Weekly median advertised rent $550

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property investors who have had real estate in Montagu Bay, 7018 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.47%

Montagu Bay,7018 has offered an average of -6.47% return per annum in house price rises to property investors over the last three years.

At number 1 in a list of fastest selling suburbs, Montagu Bay is in the TOP 10% of suburbs in Australia with an average of days on market 9.15385 for properties listed there.

Montagu Bay, 7018’s gross rental yield is 5.46%

Metrics i HOUSE UNIT
$523,750 N/A
1.85% N/A
-6.47% N/A
-4.75% N/A
$550 N/A
16 N/A
5.46% N/A
9.15384615384615 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Montagu Bay TAS
Demographics
Total population 660
Median household income ($/weekly) 1034
Median age of persons 44
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 90 13.7
    25-34 years 74 11.2
    35-44 years 80 12.1
    45-54 years 98 14.9
    55-64 years 76 11.5
    Others 241 36.6
    Age Group
    Census Count Percent(%)
    Not Married 232 46.4
    Registered Married 208 41.6
    Defacto Relationship 60 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 538 87.5
    Malta 6 1.0
    Papua New Guinea 6 1.0
    United Kingdom 28 4.6
    Other 12 2.0
    Others 25 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 384 64.5
    No Religion 203 34.1
    Buddhism 5 0.8
    Hinduism 3 0.5
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 29 11.3
    $400-$599 28 10.9
    $600-$799 33 12.8
    $1,000-$1,249 28 10.9
    $1,500-$1,999 27 10.5
    Others 112 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 193 37.4
    Employed, worked full-time 181 35.1
    Employed, worked part-time 95 18.4
    Employed, away from work 29 5.6
    Unemployed, looking for work 18 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 27 8.9
    Professionals 87 28.7
    Technicians & trades workers 37 12.2
    Clerical & administrative workers 46 15.2
    Sales 31 10.2
    Others 75 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 7 4.6
    Infants/Primary 62 41.1
    Secondary 38 25.2
    Technical or Further Educational Institution 15 9.9
    University or other Tertiary Institutions 23 15.2
    Others 6 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 588 95.9
    Semi-detached, row or terrace house, townhouse 25 4.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 101 36.9
    Fully owned 91 33.2
    Rented 79 28.8
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
Chart Table