Montello is a quiet, community-oriented residential suburb located just a stone’s throw from Burnie’s city centre on Tasmania’s north-west coast. Comprising a mix of family homes and options suitable for retirees, it offers convenient access to local amenities including schools, parks, and shopping facilities—making everyday life both practical and pleasant. The neighbourhood benefits from nearby recreational venues, with local sports grounds and open reserves adding to its welcoming, suburban charm. Ideal for those seeking a peaceful setting with urban convenience, Montello brings together comfort, connectivity, and community spirit.
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Montello property market
The Montello property market offers affordable opportunities for buyers and investors in a well-positioned Burnie suburb. With 4 rental listings and 7 properties currently for sale, Montello maintains a balanced market that appeals to both families and investors looking for value.
Over the past year, the median house price has been $418,750, and houses in the area rent out for around $425 per week, delivering an annual rental yield of 4.9%. This steady return makes Montello an attractive option for those considering investment opportunities. The suburb has also recorded an annual compound growth rate of 3.3% for houses, reflecting modest but positive long-term performance.
With its convenient location, community atmosphere, and affordability compared to surrounding areas, Montello continues to draw interest from buyers looking for reliable growth and accessible entry into the Tasmanian property market.
Market trends
View median property prices* in Montello to get a better understanding of local market trends.
*Data based on sales within the 12 months to August 2025.