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AREA REPORTS

Monash

Suburb Profile

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

house
unit

Property investments in MONASH fare well against the rest of the country last year, registering a median home price increase of 4.41%.

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 $550 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 75.2 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 $615,000.

MONASH ranks 19th on the list of best yielding suburbs for rental properties in ACT, posting a 4.65% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $615,000 $489,500
GROWTH REPORT
Median Quarterly -1.2% 2.19%
Median 12 month 4.41% 7.58%
Median 3 years 9.82% 13.84%
Median 5 years 16.59% 21.61%
10 years average annual 4.15% 2.37%
Weekly media advert. rent $550 $490
Time on Market 75.2 days 61.9 days
Gross Rental Yield Percent 4.65% 5.21%
demographics (median values)
Total Population
5547
Weekly Household Income
1601
Household Size
2.80
demographics
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