Montello ranks as having Tasmania's biggest stock rise

Montello ranks as having Tasmania's biggest stock rise
Staff reporterMarch 2, 2018

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).

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