TAS/
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.

Average median house prices in TAS have risen as a whole, pulling MONTAGU BAY, 7018 values up and netting property investors a capital gain of 24.12% for the past year.

Investors saw the median home price rise to $499,888.

Profits due to an upward trend in home prices in the suburb averaged 17.62% per annum over a 3-year period.

MONTAGU BAY now ranks at the 25th 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 $425 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 0.0 days.

In 2016, 10 properties were sold in MONTAGU BAY during the past year, making it the 212th most active market in TAS based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $499,888 N/A
GROWTH REPORT
Median Quarterly 9.87% N/A
Median 12 month 24.12% N/A
Median 3 years 52.87% N/A
Median 5 years 55.97% N/A
10 years average annual 9.95% N/A
Weekly media advert. rent $425 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 4.42% N/A
demographics (median values)
Total Population
678
Weekly Household Income
903.1
Household Size
2.30
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Montagu Bay, TAS
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