45 Mace StreetMontello TAS 7320
Property Details for 45 Mace St, Montello
45 Mace St, Montello is a 7 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1967. The property has a land size of 809m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2003.
Last Listing description (January 2018)
A very attractive approx 9.46 % gross return on investment. Brick, single level, low maintenance 4 unit block comprising of 3 two bedroom flats and one single. The complex is being sold as one parcel with the added attraction of each unit having its own separate title.
All units are happily and constantly tenanted. Popular individual courtyards, an allocated carport each and all living areas enjoy a bright and warm northerly aspect. Close to primary School, only few minutes to CBD and shopping complex. Low bank interest is clearly saying 'it's time to invest in bricks and mortar again'
Property History for 45 Mace St, Montello, TAS 7320
- 19 Aug 2016Listed for Sale $379,000
- 26 Jun 2003Sold for $166,000
- 19 Sep 1994Sold for $129,000
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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 639 properties. Over the last 5 years, Houses in Montello have seen a 81.36% increase in median value, while Units have seen a 48.12% increase. As at 31 December 2025:
- The median value for Houses in Montello is $470,416 while the median value for Units is $390,453.
- Houses have a median rent of $423 while Units have a median rent of $295.
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