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 4.8% and has experienced a 12-month capital growth of Up 21.4%, with a median house buy price of $510,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$465,000
$511,000
$540,000
$510,000
Suburb Market Profile
Last month Montello had 7 properties available for rent and 7 properties for sale. Median property prices over the last year range from $510,000 for houses to $310,000 for units. If you are looking for an investment property, consider houses in Montello rent out for $440 PW with an annual rental yield of 4.8% and units rent for $350 PW with a rental yield of 4.5%. Montello has seen an annual compound growth rate of 21.4% for houses and -13.3% for units.
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