Powered by MOMENTUM MEDIA
AREA REPORTS

Montagu Bay

Suburb Profile

Montagu Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7018

house

MONTAGU BAY, 7018 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $523,750.

Profits due to an upward trend in home prices in the suburb averaged 10.81% per annum over a 3-year period.

MONTAGU BAY now ranks at the 77th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MONTAGU BAY are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $550 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MONTAGU BAY, homes and units usually stay on listing for an average of 9.1 days.

In 2016, 16 properties were sold in MONTAGU BAY during the past year, making it the 132nd most active market in TAS based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $523,750 N/A
GROWTH REPORT
Median Quarterly 1.85% N/A
Median 12 month -6.47% N/A
Median 3 years 32.43% N/A
Median 5 years 47.95% N/A
10 years average annual -4.75% N/A
Weekly media advert. rent $550 N/A
Time on Market 9.1 days N/A
Gross Rental Yield Percent 5.46% N/A
demographics (median values)
Total Population
678
Weekly Household Income
903.1
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Scott Morrison

Government urged to provide stimulus for building sector

As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...

housing

Does Australia need to provide lower-cost housing?

A growing number of Australians are being forced to live in high-density apartments, which is having an impact on future prosperity and cohe...

property

‘Earlier than expected’ recovery pinpointed for property

A real estate group says some positive signs are beginning to emerge within Australia’s property market. ...

Brisbane property market

Property market update: Brisbane, April 2020

How is the Brisbane property market faring amid the “new normal” that resulted from the COVID-19 outbreak? ...

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Building portfolio resilience in the wake of COVID-19

While social distancing regulations have begun to ease and the property market is showing glimpses of recovery, Right Property Group’s Vic...

Perth

Perth recovery takes COVID-19 hit

While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.