Median Sale Price
House
$269K
Updated on Dec 2020
2 BR $195K | 3 BR $260K | 4 BR $305K |
Unit
-
Updated on Nov 2020
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $185,000 | 0.0% | $185,000 | $185,000 | 1 |
| 2010 | - | - | - | - | - |
| 2011 | $166,500 | -11.1% | $166,500 | $166,500 | 1 |
| 2012 | - | - | - | - | - |
| 2013 | $349,000 | +52.3% | $235,000 | $349,000 | 3 |
| 2014 | $208,000 | -67.8% | $110,000 | $565,000 | 18 |
| 2015 | $187,000 | -11.2% | $129,000 | $437,500 | 19 |
| 2016 | $182,500 | -2.5% | $120,500 | $305,055 | 26 |
| 2017 | $195,000 | +6.4% | $129,000 | $550,000 | 28 |
| 2018 | $210,000 | +7.1% | $135,000 | $390,000 | 38 |
| 2019 | $190,000 | -10.5% | $110,000 | $350,000 | 19 |
| 2020 | $282,000 | +32.6% | $175,000 | $478,500 | 26 |
| 2021 | $420,000 | +32.9% | $420,000 | $420,000 | 1 |
Median Sale Price
$283K
Based on 26 recorded sales within the last 12 months
Updated on 18 Jan 2021
Suburb Growth
+27.4%
Current Median Price: $282,500
Previous Median Price: $205,000
Based on 44 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$280
Updated on Dec 2020
2 BR $240 | 3 BR $280 | 4 BR $363 |
Unit
$235
Updated on Dec 2020
1 BR - | 2 BR $235 | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | $260 | 0.0% | $260 | $260 | 1 |
| 2013 | - | - | - | - | - |
| 2014 | $225 | -15.6% | $190 | $270 | 10 |
| 2015 | $240 | +6.3% | $150 | $400 | 39 |
| 2016 | $240 | 0.0% | $180 | $330 | 33 |
| 2017 | $240 | 0.0% | $175 | $400 | 31 |
| 2018 | $260 | +7.7% | $180 | $450 | 24 |
| 2019 | $250 | -4.0% | $210 | $470 | 27 |
| 2020 | $290 | +13.8% | $225 | $380 | 15 |
| 2021 | - | - | - | - | - |
Median Rent Price
$290
per week
Based on 15 recorded rent within the last 12 months
Updated on 18 Jan 2021
Rent Price Growth
+13.8%
Current Median Rent: $290
Previous Median Rent: $250
Based on 41 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.3%
Current Median Price: $282,500
Current Median rent: $290
Based on 41 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Schools closest to Montello, TAS 7320
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Montello Primary School | BIRD STREETBURNIE 7320 | Primary | Government | 0.56 km |
| Stella Maris Catholic School | 24-26 FUTUNA AVEBurnie 7320 | Primary | Catholic | 0.92 km |
| Burnie Primary School | VAN DIEMENS CRESCENTBURNIE 7320 | Primary | Government | 1.11 km |
| Marist Regional CollegeTop 20 | PARAKA STBurnie 7320 | Secondary | Catholic | 1.2 km |
| Romaine Park Primary School | Romaine 7320 | Primary | Government | 1.5 km |