MONTELLO 7320
State: TASPosiProp AI Investment Summary
MONTELLO (TAS 7320) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.9% and has experienced a 12-month capital growth of Up 12.8%, with a median house buy price of $487,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$417,000
$487,000
$499,000
$487,000
Suburb Market Profile
Last month Montello had 8 properties available for rent and 5 properties for sale. Median property prices over the last year range from $487,000 for houses to $310,000 for units. If you are looking for an investment property, consider houses in Montello rent out for $425 PW with an annual rental yield of 4.9% and units rent for $340 PW with a rental yield of 4.4%. Montello has seen an annual compound growth rate of 12.8% for houses and 5.1% for units.