If you compare the increase in value of investment property in Monash, 2904 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -0.89%.
Monash,2904 has offered an average of -0.89% return per annum in house price rises to property investors over the last three years.
At number 47th of ACT’s most discounted properties, Monash is in the TOP 30% of the state/territory when listing in order of most discounted to least.
The ACT suburb of Monash, 2904 is in the Unincorporated ACT local government area.
Over the last year, property investments in Monash, 2904 have given investors a capital gain of 2.31%. This compares averagely with the 2.54% for ACT as a whole.
If we look at median property appreciation over just the last three months, Monash has given property investors a paper return of 1.03%. This puts Suburb as 29 on a list of fastest fasting appreciating suburbs in ACT
The most recent median price for Monash is $442500, with sellers offering an average of -1.57% off the asking price.
Residents and property investors in Monash have been waiting around 93.71 days to sell a property.
A $417.5 per week rent on the median house gives suburb investors a gross yield of circa 4.91%, without taking into account capital value appreciation, which has been averaging out at 3.07%.