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 -0.45%.
Comparing Monash,2904 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Monash should be aiming for at least -2.48% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 63 properties changed hands in Monash, which puts it as the 21th most active market in ACT when comparing the number of sales per suburb.
ACT has seen average median house prices change by 0.21% which means that Monash, 2904 has done well for property investors by showing a capital gain of 2.09% over the last year
Taking the average capital gain, or increase in median house value, Monash,2904 has racked up an average of 2.09% over the period. This ranks it number 1237th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Monash is giving property investors an average Vendor Discount of around -1.57%. This puts suburb at number 44th in ACT when ranking the most discounted suburbs.
Situated 16.05km from the CBD, Monash is one of Unincorporated ACT localities in the postcode 2904.