Montagu Bay Suburb Profile

Tasmania 7018

Montagu Bay has 349 properties. Over the last 5 years, Houses in Montagu Bay have seen a 43.63% increase in median value, while Units have seen a 33.28% increase. As at 31 October 2024:

• The median value for Houses in Montagu Bay is $753,546 while the median value for Units is $543,502.
• Houses have a median rent of $595.

The size of Montagu Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of Montagu Bay in 2011 was 660 people. By 2016 the population was 637 showing a population decline of 3.5% in the area during that time. The predominant age group in Montagu Bay is 50-59 years. Households in Montagu Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montagu Bay work in a professional occupation. In 2011, 67.6% of the homes in Montagu Bay were owner-occupied compared with 64.1% in 2016.