Real Estate Montello, TAS, 7320 Burnie

Thinking about buying in Montello? Now could not be a better time, with a whopping 734 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $258,000 with prices in this suburb ranging from $183,000 to $514,000.

Distance to the coast is 0 Km.

Instant Valuation

Montello Real Estate Market Outlook

In Montello there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Montello is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Montello changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Montello to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Montello we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Montello a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $255.00
Median Monthly Mortgage $1045.75
Median Persons Per Bedroom 0.73
Average Household Size 2.00
Average Age 37.00
Average Income $892.00
Average Cars Per Dwelling 2.32
Average Properties Within 50M 10.00

Typical Property Prices

2 Bed$315,000
3 Bed$400,475
4 Bed$407,475
5 Bed$593,714

Housing Stock

Houses for sale Montello

Elders Real Estate 75 VIEW RD, MONTELLO, TAS, 7320 4 1 3 $599,000
Harcourts 98 BIRD ST, MONTELLO, TAS, 7320 3 1 1 $395,000
One Agency 11 HALSTEAD ST, MONTELLO, TAS, 7320 3 1 3 $470,000
One Agency 21 THOMPSON CR, MONTELLO, TAS, 7320 0 0 0 Auction 25th March 11:00am
One Agency 6 PROSPECT ST, MONTELLO, TAS, 7320 5 2 3 Best Offers Over $980,000
One Agency 100 VIEW RD, MONTELLO, TAS, 7320 3 1 3 Best Offers Over $599,000
One Agency 2 ROSS ST, MONTELLO, TAS, 7320 4 2 2 Best Offers Over $399,000
One Agency UNIT 1, 29 MACE ST, MONTELLO, TAS, 7320 2 1 2 For Sale

Local Schools

Montello Primary School

(While the above schools are located with the suburb of Montello there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Montello weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.211.522.648.591.25.124.0
Feb1.612.422.652.892.24.820.6
Mar2.110.920.856.492.84.615.3
Apr2.48.117.960.395.44.410.8
May2.55.315.365.196.94.16.8
Jun3.44.113.968.597.63.86.0
Jul4.43.912.969.197.24.56.1
Aug3.73.713.464.696.44.58.9
Sept3.55.615.265.098.14.513.2
Oct2.56.616.955.794.64.918.8
Nov2.48.718.854.394.15.022.6
Dec2.110.220.652.693.65.324.2

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Node

Satellite


Nearby Suburbs

HillcrestBurnieParklandsPark GroveUpper BurnieActonSouth BurnieBrooklynShorewell ParkCooee

Public Transport

Don Junction - Greater then 10KM Burnie - Less than 2 KM

General Points of Interest

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