Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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 | $330,000 | +14.5% | $205,000 | $565,000 | 44 |
| 2022 | $425,000 | +22.4% | $280,000 | $1,350,000 | 31 |
| 2023 | $399,000 | -6.5% | $230,000 | $915,000 | 28 |
| 2024 | $400,000 | +0.3% | $355,000 | $420,000 | 8 |
Median Sale Price
$400K
Based on 30 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
+1.3%
Current Median Price: $400,000
Previous Median Price: $395,000
Based on 57 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 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 | $315 | +7.9% | $250 | $430 | 13 |
| 2022 | $380 | +17.1% | $300 | $550 | 21 |
| 2023 | $380 | 0.0% | $300 | $625 | 18 |
| 2024 | $420 | +9.5% | $320 | $500 | 4 |
Median Rent Price
$380
per week
Based on 15 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
-5.3%
Current Median Rent: $380
Previous Median Rent: $400
Based on 38 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $400,000
Current Median rent: $380
Based on 45 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |