Montello ranks as having Tasmania's biggest stock rise

Montello is one of the few Tasmanian locations that Investar calculates has secured a big increase in stock.

The sales stock growth was recently calculated as up by 50%, from 20 houses this time last year to its current 30 offering. 

Investar put its median rental at $240 a week.

The median house price sits on $189,000, according to CoreLogic.

A three-bedroom house currently on the market is an 8 Alice Street offering, which is priced at $199,000 plus. 

It came with open plan kitchen and dining and garage space.

Another three bedrooms offering nearby is priced at $169,000 (pictured below).

This 2 Morse Street house is situated about 10 mins walk to CBD. 

It was previously rented fully furnished, (all furniture is included in the sale) for $220 per week.

A Margaret Street house has been sold for $213,000 this January. 

The 8 Margaret Street house came with three bedrooms and two living.

Set on Mace Street, near Montello Primary School, a three bedroom house sold for $155,000 in 2016. 

The 19 Mace Street house came with a separate garage and the 800 ㎡etre yard (pictured below).