Thinking about buying in Montello? Now could not be a better time, with 735 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $241,000 with prices in this suburb ranging from $22,000 to $1,576,000. Montello is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $249.22 |
Median Monthly Mortgage | $1054.11 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.00 |
Average Age | 39.67 |
Average Income | $668.33 |
Average Cars Per Dwelling | 1.51 |
Average Properties Within 50M | 10 |
1 Bed  $173,000 |
2 Bed  $187,000 |
3 Bed  $240,000 |
4 Bed  $351,000 |
5 Bed  $232,000 |
6 Bed+$193,000 |
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.
36 JORGENSEN ST, MONTELLO, TAS, 7320 | 4 | 1 | |||
24 HALSTEAD ST, MONTELLO, TAS, 7320 | 3 | 1 | 2 | ||
99 VIEW RD, MONTELLO, TAS, 7320 | 4 | 2 | 1 | $550,000 | |
4 TRUGANINI ST, MONTELLO, TAS, 7320 | 3 | 1 | 1 | $360,000 | |
55 VIEW RD, MONTELLO, TAS, 7320 | 3 | 1 | 1 | Best Offer Over $399,000 | |
UNIT 5, 30-36 VIEW RD, MONTELLO, TAS, 7320 | 2 | 1 | 1 | $270,000 | |
UNIT 1, 30-36 VIEW RD, MONTELLO, TAS, 7320 | 2 | 1 | 1 | $275,000 | |
22 ELIZABETH ST, MONTELLO, TAS, 7320 | $298,000 | ||||
18A ELIZABETH ST, MONTELLO, TAS, 7320 | 3 | 1 | 1 | $425,000 | |
1 WESLEY ST, MONTELLO, TAS, 7320 | 3 | 1 | 2 | Best Offers Over $549,000 | |
39 HALSTEAD ST, MONTELLO, TAS, 7320 | 3 | 1 | 0 | Best Offers Over $350,000 | |
27 ROSS ST, MONTELLO, TAS, 7320 | 3 | 1 | 1 | Best Offers Over $349,000 |
Montello Primary School
Burnie Primary School
Stella Maris Catholic School
Hellyer College
Marist Regional College
Romaine Park Primary School
Parklands High School
(While the above schools are located with the suburb of Montello there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.2 | 11.5 | 22.6 | 48.5 | 91.2 | 5.1 | 24.0 |
Feb | 1.6 | 12.4 | 22.6 | 52.8 | 92.2 | 4.8 | 20.6 |
Mar | 2.1 | 10.9 | 20.8 | 56.4 | 92.8 | 4.6 | 15.3 |
Apr | 2.4 | 8.1 | 17.9 | 60.3 | 95.4 | 4.4 | 10.8 |
May | 2.5 | 5.3 | 15.3 | 65.1 | 96.9 | 4.1 | 6.8 |
Jun | 3.4 | 4.1 | 13.9 | 68.5 | 97.6 | 3.8 | 6.0 |
Jul | 4.4 | 3.9 | 12.9 | 69.1 | 97.2 | 4.5 | 6.1 |
Aug | 3.7 | 3.7 | 13.4 | 64.6 | 96.4 | 4.5 | 8.9 |
Sept | 3.5 | 5.6 | 15.2 | 65.0 | 98.1 | 4.5 | 13.2 |
Oct | 2.5 | 6.6 | 16.9 | 55.7 | 94.6 | 4.9 | 18.8 |
Nov | 2.4 | 8.7 | 18.8 | 54.3 | 94.1 | 5.0 | 22.6 |
Dec | 2.1 | 10.2 | 20.6 | 52.6 | 93.6 | 5.3 | 24.2 |
source: Australian Government Bureau of Meteorology
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