Median Sale Price
House
$242K
Updated on Feb 2021
2 BR $207K | 3 BR $251K | 4 BR $305K |
Unit
$200K
Updated on Feb 2021
1 BR - | 2 BR $190K | 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 | $250,000 | -12.8% | $205,000 | $480,000 | 12 |
Median Sale Price
$268K
Based on 27 recorded sales within the last 12 months
Updated on 23 Apr 2021
Suburb Growth
+12.3%
Current Median Price: $268,000
Previous Median Price: $235,000
Based on 48 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$260
Updated on Mar 2021
2 BR $240 | 3 BR $260 | 4 BR $363 |
Unit
$220
Updated on Mar 2021
1 BR $183 | 2 BR $250 | 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 | $340 | +14.7% | $250 | $340 | 2 |
Median Rent Price
$300
per week
Based on 10 recorded rent within the last 12 months
Updated on 23 Apr 2021
Rent Price Growth
+13.3%
Current Median Rent: $300
Previous Median Rent: $260
Based on 33 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.8%
Current Median Price: $268,000
Current Median rent: $300
Based on 37 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
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 |