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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
There were 12 house sales in the past 12 months. On average, houses spend 29 days on market.
If you're thinking about buying an investment property in Montagu Bay, consider that rental yields for houses are currently 4.06 with an average median rent of 595 weekly.
The size of Montagu Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of Montagu Bay in 2011 was 660 people. By 2016 the population was 637 showing a population decline of 3.5% in the area during that time. The predominant age group in Montagu Bay is 50-59 years.
Households in Montagu Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montagu Bay work in a professional occupation. In 2011, 67.6% of the homes in Montagu Bay were owner-occupied compared with 64.1% in 2016.
There were 1 unit sales in the past 12 months.
The size of Montagu Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of Montagu Bay in 2011 was 660 people. By 2016 the population was 637 showing a population decline of 3.5% in the area during that time. The predominant age group in Montagu Bay is 50-59 years.
Households in Montagu Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montagu Bay work in a professional occupation. In 2011, 67.6% of the homes in Montagu Bay were owner-occupied compared with 64.1% in 2016.
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| Key Market Data | House | Unit |
| Median price | 739,000 | – |
| Quarterly growth | -4.03 | – |
| 12-month growth | – | – |
| Average annual growth | +7.89 | – |
| Weekly median rent | 595 | – |
| Gross rental yield | 4.06 | 4.64 |
| Number of Sales (12m) | 12 | 1 |
| Avg. Days on Market (12m) | 29 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 660 | 637 |
| Population change (5y) | -2.80 | -3.50 |
| Median household income (p/w) | 1,036 | 1,215 |
| Household income change (5y) | +9.75 | +17.28 |
| Median age of persons | 43 | 44 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Montagu Bay was 637 in 2016, a -3.50 change compared to 2011.
The predominant age group in Montagu Bay is 50-59 years.
The population of Montagu Bay was 637 in 2016, a -3.50 change compared to 2011.
The predominant age group in Montagu Bay is 40-49 years.
Most of the population in Montagu Bay were born in Australia.
Most of the population in Montagu Bay were born in Australia.
Most of the population in Montagu Bay report their religion as No Religion.
Most of the population in Montagu Bay report their religion as No Religion.
Most of the population in Montagu Bay report their income range as between 52,000 and 78,000 .
The median household income in Montagu Bay was 1,215 in 2016, a +17.28 change compared to 2011.
Most of the population in Montagu Bay report their income range as between 31,000 and 52,000 .
The median household income in Montagu Bay was 1,036 in 2011, a +9.75 change compared to 2006.
Most of the population in Montagu Bay work as Professional.
Most of the population in Montagu Bay work as Professional.
The chart below demonstrates the various levels of education in Montagu Bay.
The chart below demonstrates the various levels of education in Montagu Bay.
Most of the population in Montagu Bay reached a qualification level of Certificate.
Most of the population in Montagu Bay reached a qualification level of Certificate.
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