Montville

POSTAL CODE: QLD, 4560

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,345,000.

The upward trend in home prices in MONTVILLE, 4560 averaged 5.22% per annum over a 3-year period.

Average weekly rents on listings have reached the $760 mark, reflecting a 2.94% increase in returns based on the current median price in MONTVILLE.

An average of 2.58 real estate transactions take place per month in MONTVILLE which translates to 31 per annum.

31 properties were sold in MONTVILLE in 2016, making it the 432nd most active market in QLD based on total real estate transactions.

MONTVILLE, 4560 places 614th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,345,000	N/A
Growth Report
Median Quarterly	2.48%	N/A
Median 12 month	-3.93%	N/A
Median 3 years	15.65%	N/A
Median 5 years	72.99%	N/A
10 years average annual	8.44%	N/A
Weekly media advert. rent	$760	N/A
Time on Market	88.7 days	N/A
Gross Rental Yield Percent	2.94%	N/A

Demographics (Median Values)*

Total Population 854

Weekly Household Income 827.1

Household Size 2.30

Average Age 50

Monthly Loan Repayment 1192

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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