SOLD
Sold on 23 Apr 2024 for $740,000

1 Prospect Street
Montello TAS 7320

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 154m2
Land area: 941m2
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Property Details for 1 Prospect St, Montello

1 Prospect St, Montello is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1968. The property has a land size of 941m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Montello in the last 12 months.

Building Type
House
Year Built
1968
Floor Size
154m2
Land Size
941m2
Local Government
Burnie
Lot/Plan
1/61235

Last Listing description (June 2024)

Nestled in a desirable location, this remarkable 4-bedroom home offers modern low maintenance living with breathtaking north-facing sea views, overlooking the Burnie CBD, West Beach and out to Bass Strait. Step out onto the expansive undercover deck off the open plan living/dining area through the bi-fold doors, perfect for morning coffees or entertaining. The property also features a double garage, a self-contained unit downstairs, and a versatile workshop space for all your needs. Stay comfortable year-round with reverse cycle heating and appreciate the modern bathroom and kitchen. The Myrtle floorboards add a touch of elegance throughout the home with the bonus of double glazed windows. Conveniently located near the CBD, local amenities, and schools, this is more than a house; it's a lifestyle. Don't miss out on the opportunity to make this exceptional property your home. Contact us today to schedule a viewing.

Please note the property is currently rented until 07/11/2024 and showing a great return of $625 per week and will need a minimum 48 hours notice prior to any inspection.

*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*

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Property History for 1 Prospect St, Montello, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$740,000
23 Apr 2024
Listed for Rent
$625/w
22 Sep 2023
  • 23 Apr 2024
    Sold for $740,000
  • 25 Oct 2023
    Listed for Sale $795,000
  • 22 Sep 2023
    Listed for Rent $625 / week
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About Montello 7320

The size of Montello is approximately 0.7 square kilometres. It has 2 parks covering nearly 8.1% of total area. The population of Montello in 2011 was 1,198 people. By 2016 the population was 1,203 showing a population growth of 0.4% in the area during that time. The predominant age group in Montello is 20-29 years. Households in Montello are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montello work in a community and personal service occupation. In 2011, 58.6% of the homes in Montello were owner-occupied compared with 59.1% in 2016.

Montello has 638 properties. Over the last 5 years, Houses in Montello have seen a 87.15% increase in median value, while Units have seen a 62.62% increase. As at 31 October 2024:

  • The median value for Houses in Montello is $425,646 while the median value for Units is $363,375.
  • Houses have a median rent of $350 while Units have a median rent of $300.
There are currently 6 properties listed for sale, and no properties listed for rent in Montello on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Montello.

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Andrew De Bomford
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