Monash has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -1.63% to date .
A 13.62% growth in median value for property investors in Monash,2904 puts this suburb at number 64th in terms of best performing suburbs in ACT
Vendor discounting in Monash is giving property investors an average Vendor Discount of around -3.15%. This puts suburb at number 36th in ACT when ranking the most discounted suburbs.
Advertised rents are around the $490 mark per week – giving a return of 4.58% based on the median price in Suburb
At number 925th in the list of Australian suburbs ordered by increase in median house value over the last year, Monash, 2904 is in the BOTTOM 50% with a property value increase of 2.33% recorded in median house prices.
Across a shorter period, Monash, 2904 has seen a median price increase of 1.73% over the last quarter.
Property investors looking for a bargain in Monash should be aiming for at least -2.68% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $422.5 mark per week – giving a return of 4.99% based on the median price in Suburb