OFF MARKET

12 Margaret Street
Montello TAS 7320

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 473m2
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Last updated 16 Dec 2024
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Property Details for 12 Margaret St, Montello

12 Margaret St, Montello is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1941. The property has a land size of 473m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1941
Floor Size
114m2
Land Size
473m2
Local Government
Burnie
Lot/Plan
60/11667

Last Listing description (February 2018)

The price says it all.
This property is a little rough around the edges but with foresight and some TLC it has the potential to become a wonderful home.
Located in a quiet street centrally situated between the CBD, education precinct and Hospital the property is waiting for a new lease on life.

The weatherboard home boasts 3 bedrooms, (2 with built-ins) the living room incorporates an in built wood heater, a dining area and internal bathroom. The modern kitchen is functional and bright with an abundance of cupboard and bench space.
The secure backyard features an undercover barbeque area while the side deck captures amazing views of Bass Strait.
The property is an affordable investment opportunity for those buyers looking to enter the Market or a fantastic first home for buyers willing to take up the challenge to renovate.
Please allow 48 hours prior to an inspection as the property is currently tenanted until April 2018.

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Property History for 12 Margaret St, Montello, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$580,000
12 Apr 2022
Listed for Rent
$175/w
15 Apr 2015
  • 12 Apr 2022
    Sold for $580,000
  • 08 Feb 2021
    Sold for $140,000
  • 05 Jun 2020
    Sold for $40,000
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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 90.03% increase in median value, while Units have seen a 57.79% increase. As at 30 November 2024:

  • The median value for Houses in Montello is $428,894 while the median value for Units is $355,137.
  • Houses have a median rent of $350 while Units have a median rent of $300.
There are currently 5 properties listed for sale, and no properties listed for rent in Montello on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Montello.

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