Suburb Profile Report for Montello TAS (7320)

Montello House: Median price $215,000, Annual capital growth 0.95%, Number of sales 23, Weekly median advertised rent $270

  • 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

With a capital gain of 2.38% for the last 12 months, Montello, 7320 has performed for property investments than its average annual 0.95% property growth over the last 5 years.

While Montello,7320 ranked number 98th in TAS for increase in median house value (annualised) increase, it is ranked 143th over the last 5 years.

Montello is 19th on a list of best yielding suburbs for rents in TAS with a 6.53% return

Metrics i HOUSE UNIT
$215,000 N/A
1.18% N/A
2.38% N/A
0.95% N/A
$270 N/A
23 N/A
6.53% N/A
122.333333333333 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), Above average (U)
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