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 an older demographic with a median age of 55. Households earn a median income of $44K per year, with an average household size of 2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, German.
The median house price in Monto is $238,000, having surged 25.7% over the past 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 3,741 incidents per 100,000 population.
From an investment perspective, Monto offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($238K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +25.7% year-on-year.
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 an older demographic with a median age of 55. Households earn a median income of $44K per year, with an average household size of 2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, German.
The median house price in Monto is $238,000, having surged 25.7% over the past 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 3,741 incidents per 100,000 population.
From an investment perspective, Monto offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($238K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +25.7% year-on-year.