At number 1156th in the list of Australian suburbs ordered by increase in median house value over the last year, Montello, 7320 is in the top 30% with a property value increase of 7.53% recorded in median house prices.
The five-year average increase in median property values for Montello,7320 has given property investors a potential capital gain of 6.15% across each of those five years.
Property investors looking for a bargain in Montello should be aiming for at least -7.35% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 41 properties changed hands in Montello, which puts it as the 72th most active market in TAS when comparing the number of sales per suburb.
The TAS suburb of Montello, 7320 is in the Burnie (C) local government area.