18 Medbury Cres, Montello is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1958. The property has a land size of 895m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
No through low traffic quiet position adjacent some neighboring 'high-end' homes this property has been contained within the same family for a number of years and presents a rare offering indeed! The split design within the backyard provides a tidy storage solution at the rear of the double garage and separate workshop or a great space to develop the vegetable and herb garden you have always dreamt of. Internally, the updated design of the kitchen, glossy floor tiling, open plan wood heated and air conditioned lounge to dining, functional bathroom with walk in style shower, 3 bedrooms - 3rd with adjoining sunroom, create a comfortable home couples or a small family would be proud of. Perfect property providing parking options for those with extra vehicles, a caravan or boat. Bordering a primary school, bus services and convenience shops nearby and 1.2km from the heart of Burnie's CBD make this a smart acquisition!
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:
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