17 Elizabeth StreetMontello TAS 7320
Property Details for 17 Elizabeth St, Montello
17 Elizabeth St, Montello is a 8 bedroom, 3 bathroom Unit and was built in 1945. The property has a land size of 1543m2 and floor size of 340m2. While the property is not currently for sale or for rent, it was last sold in September 2011.
Last Listing description (November 2011)
APARTMENT INVESTMENT
This apartment building is located in a sentinel position overlooking the heart of Burnie. Cresting the hill above the CBD, with dramatic views of the city, port and beaches, it is singularly positioned. Currently consisting of four apartments plus a vacant whole floor semi renovated apartment, it could be converted into five apartments (STCA) or create three whole floor apartments. The opportunities are broad.
Located on a very large 1543 sqm parcel of land, there is also the possibility (STCA) of subdivision. It is to be sold in one line.
03 6431 1588.
Property History for 17 Elizabeth St, Montello, TAS 7320
- 17 Sep 2011Listed for Rent - Price not available
- 16 Sep 2011Sold for $350,000
- 26 Aug 2011Listed for Rent - Price not available
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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.
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