37-41 Newton StreetMonto QLD 4630
Property Details for 37-41 Newton St, Monto
Last Listing description (February 2024)
Secure tenancies with established businesses in the North Burnett regional town of Monto
Located in the main street of Monto with frontage to rear lane providing access for loading
RPD Lot 20 on SP195775, freehold area 1,110 square metres
Gross income $57,500 per annum exclusive of GST, rates and insurance paid by the owner
North Burnett Regional Council rates approx. $5,000 per annum
Insurance approx. $4,700 per annum, tenants pay contents and plate glass insurance
Approximate Nett Income of $47,800
For Sale - $580,000
Mark Simpson
0418 792 647
Property History for 37-41 Newton St, Monto, QLD 4630
- 22 Dec 2023Sold for $450,000
- 31 Jul 2023Listed for Sale $580,000
- 26 Apr 2023Listed for Sale $580,000
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0About Monto 4630
The size of Monto is approximately 59.2 square kilometres. It has 12 parks covering nearly 1.2% of total area. The population of Monto in 2011 was 1,307 people. By 2016 the population was 1,166 showing a population decline of 10.8% in the area during that time. The predominant age group in Monto is 60-69 years. Households in Monto are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Monto work in a managers occupation. In 2011, 65% of the homes in Monto were owner-occupied compared with 64.6% in 2016.
Monto has 863 properties. Over the last 5 years, Houses in Monto have seen a 134.78% increase in median value, while Units have seen a 435.65% increase. As at 31 October 2024:
- The median value for Houses in Monto is $229,920 while the median value for Units is $208,587.
- Houses have a median rent of $350.
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