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Suburb profile ·Burnie LGA · TAS ·7320

Montello TAS 7320

Montello is in Burnie LGA, TAS, postcode 7320, with population 1,241.

The read

Livability-led

The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.

$350/wk
-16.7% YoY
Aug 2024 → Mar 2026 · 12 periods
TAS rental bonds · suburb grain · Mar 2026
$500
$340
Aug 2024Mar 2026
Why it fits

Transport coverage adds a practical access signal.

Median house
No local house series
Median rent
$350/wk
Rent context available
16.7%YoY D8 vs AU
Gross yield
Need rent + price
Population
1,241
1K local footprint
D8 vs AU
Schools
1
Matched school context
D1 vs AU
Solar
1,444
113 added 12mo · 10MW

Price history

No price history available

Price series isn't recorded for this suburb. Census housing data is shown instead.

Median mortgage · mth$953
Median rent · wk$240

Affordability

35%
median weekly rent as a share of gross household income (the 30% rule)
Stretched

Owners with a mortgage repay a median of $953/mo, while renters pay about $1,517/mo — renting runs $564/mo higher on these medians.

Household income · yr
$53K
Median rent · wk
$350
Owner mortgage · mo
$953

Household income

$53K household · yr-22.7% vs TAS suburb median
Personal
$32K
Family
$71K
Household
$53K

Schools

Total1
Avg ICSEA885
Students270
Government1
  • Montello Primary SchoolPrimary · Government · ICSEA 885Zoned

1 of 1 schools here operate published enrolment zones (catchments). Zone boundaries set eligibility — check the official source for the exact catchment. Not enrolment advice.

Full data detail

Montello TAS — Property Data and Demographics

Montello (postcode 7320) is a small community in Tasmania within the Burnie local government area. The area has roughly 1,241 residents and an established family demographic, with a median age of 40. Households earn a median income of $53K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.2% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 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 community & personal service, professionals, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.

The current median weekly rent is $350. The median monthly mortgage repayment is $953.

Montello is served by 1 school, including 1 primary. The average ICSEA score is 885, which is well below the national average of 1,000. Public transport access includes 9 bus stops.

On the investment side, Population growth of +0.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Pop. Growth+0.2%· Stable
Development+0%· Steady
InvestmentTAS
Mortgage · mth$953
Rent · wk(Census)$240
Market rent · wk(March 2026)$350
Population growth · Burnie LGAABS ERP
Population (2025)20,420
5-year growth+0.2% CAGR
YoY change+0.2%
20012025
Development · Burnie LGAABS Approvals
Approvals (2026)45
Houses45
YoY change+0%
Employment · Burnie LGASALM
Unemployment (Dec-25)5.4%
YoY change-0.3pp
Dec-10Dec-25
Property investors · Postcode 7320ATO
Negatively geared353 (3.6% of filers)
Avg rental loss$5,501/yr
Landlords (rental income)846
Reported capital gains594
People & prosperity
DemographicsCensus 21
Population1,241
Median age40
Household size2.2
HH income · wk$1,014
Personal income · wk$624
Persons / bedroom0.7
SEIFA indexABS
Advantage (IRSAD)1/10
Education (IEO)1/10
Economic (IER)1/10
Disadvantage (IRSD)1/10
Area & amenity
Local amenitiesOSM
Supermarkets0
Pharmacies0
GP / clinics0
Fuel stations1
Cafes & dining2
TransportGTFS
Bus stops9
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Current status
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Sources & freshness
Strong evidence

There is enough direct local evidence on Montello for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Prices come from release-based suburb series.

Official annual SA2 price series matched to suburb pages as fallback coverage

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
ABS Data by Region · Official annual SA2 price series matched to suburb pages as fallback coverage
medium stability · manual file · snapshot · release-based
Missing
Market rent
Department of Justice Tasmania · March 2026 · State market dataset
medium stability · automated · every update · monthly
Available
Crime
State crime dataset · No linked local crime series
Missing
Schools
ACARA 2025 · 1 schools matched
stable source · automated · every update · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 9 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Montello FAQ

Common questions
  1. What LGA is Montello in?

    Montello is in the Burnie Local Government Area, TAS, postcode 7320. Council-level context for Burnie LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the typical weekly rent in Montello?

    The median weekly rent in Montello is $350/wk, based on the current market rent dataset. The current rent signal is rent context available.

  3. What does the rent signal say about Montello?

    Rent context available: Montello has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  4. Is Montello a good investment?

    QuickProperty's investment signals for Montello show: Stable, Steady. These are computed from price, rent, income, and population data — not an opaque score.

  5. Where does QuickProperty get its data for Montello?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  6. How often is the Montello data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.