8 Joyce Street

Montello TAS 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 639 properties. Over the last 5 years, Houses in Montello have seen a 82.51% increase in median value, while Units have seen a 69.78% increase. As at 28 February 2025:

• The median value for Houses in Montello is $425,512 while the median value for Units is $366,130.
• Houses have a median rent of $380 while Units have a median rent of $295.