OFF MARKET

6 Jorgensen Street
Montello TAS 7320

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 98m2
Land area: 797m2
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Property Details for 6 Jorgensen St, Montello

6 Jorgensen St, Montello is a 4 bedroom, 2 bathroom House and was built in 1949. The property has a land size of 797m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Year Built
1949
Floor Size
98m2
Land Size
797m2
Local Government
Burnie
Lot/Plan
111/60036

Last Listing description (May 2019)

Are you looking to add to your property portfolio? Or perhaps you know of someone that may be interested in a Dual Income investment property. This delightful duo will give you options galore!

The 3 bedroom house and 1 bedroom detached flat have carried a solid record of occupancy over the last 12+ years for their current owner

Investment Details

Combined Rent: $700 per fortnight
Lease for 6 Jorgensen Street current to 13/11/2019
Lease for 6a Jorgensen Street current to 11/7/2019
Gross Return P.A. $18,200
Gross Yield: 8.6%
Positioned in an established area close to public transport, schools and local amenities, you can see this home has a lot going for it and ensures continued appeal to a variety of potential tenants therefore maximising your rental return moving forward.
This rare real estate offering should be on your short list whether a roof over your head or for money in the bank.
Let's talk soon about this intelligent buy!

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Property History for 6 Jorgensen St, Montello, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$210,000
27 Apr 2019
Listed for Rent
$180/w
13 Nov 2017
  • 27 Apr 2019
    Sold for $210,000
  • 18 Apr 2019
    Listed for Sale Offers Over $210,000
  • 27 Oct 2017
    Listed for Rent $180 / 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 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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