16 Morse Street, Montello TAS 7320

16 Morse Street, Montello TAS 7320
Large 866sqm block | three bedroom house | single bathroom | one car space | older established area This three-bedroom house is distinguished by its large land component, a notable advantage in an established area. A single bathroom and one-car garage are included, with the generous lot offering potential for extension or outdoor living. Older buyers seeking space or renovators are well served by this property, as the block provides room to personalise. The mature neighbourhood adds a layer of appeal for those wanting an established setting. The property’s value may be influenced by the age of its finishes, as updating might be required. The single bathroom could be a limitation for some households, while the large block might offer subdivision potential or demand upkeep. These aspects should be weighed when forming a price view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 16 Morse Street, Montello TAS 7320
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Montello presents as an affordable entry point within the Burnie region, attracting a steady demand from younger renters and first-home buyers. This demographic, largely employed in service and professional roles, underpins a tight rental market with low vacancy, supporting stable yields. Recent price growth reflects sustained interest, though the market exhibits a measured pace with properties taking time to transact. Future momentum hinges on this enduring affordability, yet sensitivity to interest rates and fluctuating supply present notable constraints to its trajectory.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

866mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat