OFF MARKET

45 Mace Street
Montello TAS 7320

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Floor area: 45m2
Land area: 809m2
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Property Details for 45 Mace St, Montello

45 Mace St, Montello is a 7 bedroom, 4 bathroom House with 4 parking spaces and was built in 1967. The property has a land size of 809m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2003.

Building Type
House
Year Built
1967
Floor Size
45m2
Land Size
809m2
Local Government
Burnie

Last Listing description (January 2018)

A very attractive approx 9.46 % gross return on investment. Brick, single level, low maintenance 4 unit block comprising of 3 two bedroom flats and one single. The complex is being sold as one parcel with the added attraction of each unit having its own separate title.
All units are happily and constantly tenanted. Popular individual courtyards, an allocated carport each and all living areas enjoy a bright and warm northerly aspect. Close to primary School, only few minutes to CBD and shopping complex. Low bank interest is clearly saying 'it's time to invest in bricks and mortar again'

Property History for 45 Mace St, Montello, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$166,000
26 Jun 2003
  • 19 Aug 2016
    Listed for Sale $379,000
  • 26 Jun 2003
    Sold for $166,000
  • 19 Sep 1994
    Sold for $129,000
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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 90.19% increase in median value, while Units have seen a 60.82% increase. As at 30 September 2024:

  • The median value for Houses in Montello is $425,667 while the median value for Units is $357,806.
  • Houses have a median rent of $360 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, 25 properties were sold in the past 12 months in Montello.

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