Property value increases in Monash have tracked close to the ACT average of 4.46% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Monash has increased when compared to the 5 year average annual rate.
At number 323 in a list of fastest selling suburbs, Monash is in the TOP 10% of suburbs in Australia with an average of days on market 39.85 for properties listed there.
The ACT suburb of Monash, 2904 is in the Unincorporated ACT local government area.
Giving property investors a an average capital gain of 2.12% for the last year, Monash, 2904 is the 652th highest performer in Australia in this respect.
Comparing Monash,2904 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Often selling an investment property can take time, and in Monash the average time real estate has been on the market is 60.92 days.
Advertised rents are around the $470 mark per week – giving a return of 5.34% based on the median price in Suburb