Monto is a small community in Queensland within the North Burnett local government area (postcode 4630). With a population of 1,156, the suburb has a predominantly older resident base with a median age of 55. Households earn a median income of $44K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are English, Australian, German.
Monto has a median house price of $238,000, which has risen steeply by 25.7% year-on-year. The median weekly rent is $170 (Census 2021). This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $800.
Monto is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 965, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the North Burnett LGA is below average at 3,680 incidents per 100,000 population.
From an investment perspective, Monto shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices sit below the state median ($238K/$1.1M), which can point to relative value. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +25.7% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.