Median Sale Price
House
$213K
Updated on Jan 2020
2 BR - | 3 BR $223K | 4 BR $215K |
Unit
$246K
Updated on Jan 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 | $282,500 | +32.7% | $248,000 | $440,000 | 6 |
Median Sale Price
$230K
Based on 20 recorded sales within the last 12 months
Updated on 29 Feb 2020
Suburb Growth
+8.7%
Current Median Price: $230,000
Previous Median Price: $210,000
Based on 55 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$250
Updated on Jan 2020
2 BR $245 | 3 BR $250 | 4 BR $340 |
Unit
$250
Updated on Jan 2020
1 BR - | 2 BR $250 | 3 BR $255 |
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 | $235 | -2.1% | $180 | $330 | 33 |
| 2017 | $240 | +2.1% | $175 | $400 | 31 |
| 2018 | $260 | +7.7% | $180 | $450 | 24 |
| 2019 | $250 | -4.0% | $210 | $470 | 27 |
| 2020 | - | - | - | - | - |
Median Rent Price
$250
per week
Based on 22 recorded rent within the last 12 months
Updated on 29 Feb 2020
Rent Price Growth
-4.0%
Current Median Rent: $250
Previous Median Rent: $260
Based on 48 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.7%
Current Median Price: $230,000
Current Median rent: $250
Based on 42 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Montello
Houses sold in Last 12 months ends 22 Feb 2020
$159K
Median Sale Price
100%
Clearance Rate
6/6
Sold/Reported
$205K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 3 | |
Similar Suburbs to Montello 7320
Based on median house sale price sold in last 12 months
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 |