4/45 Mace Street

Montello TAS 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.