ACT/
Monash

Suburb Profile

Monash - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2904

house
unit

Property investments in MONASH did not fare well against the rest of the country last year, registering a median home price increase of -0.89%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MONASH, 2904 saw average growth in the long term.

Real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 55.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $555,000.

MONASH ranks 13th on the list of best yielding suburbs for rental properties in ACT, posting a 4.59% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $555,000 $442,500
GROWTH REPORT
Median Quarterly 0% 1.03%
Median 12 month -0.89% 2.31%
Median 3 years 4.72% 5.86%
Median 5 years 8.82% 7.4%
10 years average annual 3.81% 3.07%
Weekly media advert. rent $490 $417.5
Time on Market 55.7 days 93.7 days
Gross Rental Yield Percent 4.59% 4.91%
demographics (median values)
Total Population
5547
Weekly Household Income
1601
Household Size
2.80
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