11 Oates StreetMontello TAS 7320
Property Details for 11 Oates St, Montello
11 Oates St, Montello is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1946. The property has a land size of 549m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (April 2020)
Nestled on a corner block, this refreshingly good value home now invites your inspection. Its functional style makes it ideal for easy living and offers something old and something new.
The property offers plenty of must haves for today’s tenant - the home is bright and airy, clean and in good repair, offered at a fair rent, and extra storage / workshop space in the garage at the rear all of which will ensure continued high occupancy rates even in high vacancy periods. Currently leased until January 2021 with great tenants providing the current owner a weekly return of $240.
Most rooms enjoy the garden outlook and there are distance sea views from the lounge and front verandah. 2 of the 3 bedrooms have built-ins, a large eat-in kitchen, reverse cycle air conditioning for all year round comfort. The wiring has been updated with safety switches installed and all topped off with a new roof.
Positioned in an established area close to public transport, schools and local amenities, you can see this home has a lot going for it and ensures continued appeal to a variety of potential tenants therefore maximising your rental return moving forward.
So if you've been looking to launch or extend your investment portfolio then here's your chance.
Property History for 11 Oates St, Montello, TAS 7320
- 22 Feb 2020Sold for $175,000
- 14 Feb 2020Listed for Sale $179,500
- 11 Mar 2019Listed for Rent $230 / week
Recent sales nearby
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0About Montello 7320
The size of Montello is approximately 0.7 square kilometres. It has 2 parks covering nearly 8.1% of total area. The population of Montello in 2016 was 1217 people. By 2021 the population was 1241 showing a population growth of 2.0% in the area during that time. The predominant age group in Montello is 50-59 years. Households in Montello are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montello work in a community and personal service occupation.In 2021, 59.60% of the homes in Montello were owner-occupied compared with 59.10% in 2016.
Montello has 638 properties. Over the last 5 years, Houses in Montello have seen a 83.28% increase in median value, while Units have seen a 48.80% increase. As at 30 November 2025:
- The median value for Houses in Montello is $463,061 while the median value for Units is $377,449.
- Houses have a median rent of $420 while Units have a median rent of $295.
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