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 2.02%.
Monash,2904 was ranked 1920 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Monash, 2904. Typically our figures indicate that -2.15% is being offered, which puts this ACT suburb at 3659th most discounted overall in Australia.
In the last year 58 properties changed hands in Monash, which puts it as the 24th most active market in ACT when comparing the number of sales per suburb.
Over the last year, property investments in Monash, 2904 have given investors a capital gain of 2.64%. This compares averagely with the 2.21% for ACT as a whole.
Monash,2904 was ranked 718 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Monash are currently offering property investors an average price cut of -1.55% below the asking price at the moment.
Renters in Suburb are facing rents around $4980 per annum or $415 every week.