Suburb Profile Report for Monash ACT (2904)

Monash House: Median price $557,500, Annual capital growth 3.92%, Number of sales 61, Weekly median advertised rent $480

Monash Unit: Median price $440,000, Annual capital growth 3.43%, Number of sales 23, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Monash, 2904 should be relatively unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.06%

The five-year average increase in median property values for Monash,2904 has given property investors a potential capital gain of 9.64% across each of those five years.

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 -2.44% is being offered, which puts this ACT suburb at 3612th most discounted overall in Australia.

With the median price for a house in Monash being $557500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.48%

Property investors who have had real estate in Monash, 2904 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.33%

A 4.14% growth in median value for property investors in Monash,2904 puts this suburb at number 38th in terms of best performing suburbs in ACT

Sellers are offering property buyers an average discount of -1.57% to buyers in Monash at the moment, which is less than average for the rest of ACT.

The ACT suburb of Monash, 2904 is in the Unincorporated ACT local government area.

Metrics i HOUSE UNIT
$557,500 $440,000
4.21% 0.46%
-1.06% 2.33%
3.92% 3.43%
$480 $420
61 23
4.48% 4.96%
59.78 97.06

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Monash ACT
Demographics
Total population 5422
Median household income ($/weekly) 1911
Median age of persons 39
Median housing loan repayment ($/monthly) 1863
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 620 11.4
    25-34 years 631 11.6
    35-44 years 675 12.4
    45-54 years 899 16.6
    55-64 years 762 14.1
    Others 1836 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 2194 52.4
    Not Married 1686 40.2
    Defacto Relationship 311 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4058 77.2
    Indonesia 100 1.9
    Sri Lanka 97 1.8
    United Kingdom 254 4.8
    Other 204 3.9
    Others 543 10.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 101 2.0
    Christianity 3430 67.3
    Hinduism 150 2.9
    Islam 106 2.1
    No Religion 1264 24.8
    Others 46 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 259 14.3
    $2,000-$2,499 208 11.5
    $2,500-$2,999 222 12.3
    $3,000-$3,499 164 9.1
    $4,000 or more 152 8.4
    Others 801 44.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2054 46.6
    Not in the labour force 1226 27.8
    Employed, worked part-time 840 19.0
    Employed, away from work 204 4.6
    Unemployed, looking for work 87 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 443 14.3
    Professionals 726 23.4
    Technicians & trades workers 383 12.4
    Community & personal service workers 284 9.2
    Clerical & administrative workers 700 22.6
    Others 563 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 56 4.4
    Infants/Primary 402 31.5
    Secondary 394 30.9
    Technical or Further Educational Institution 144 11.3
    University or other Tertiary Institutions 242 19.0
    Others 37 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4397 84.9
    Semi-detached, row or terrace house, townhouse 726 14.0
    Flat, unit or apartment 53 1.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 804 41.3
    Fully owned 674 34.6
    Rented 394 20.2
    Other tenure type 75 3.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals