Investment property in Monash has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.64%
Across a shorter period, Monash, 2904 has seen a median price increase of 3.05% over the last quarter.
Property buyers and investors in Monash 2904 should be seeing an average reduction in asking price of around -4.08% . This means that Monash is holding prices well when compared to other suburbs in ACT.
At number 2271 in a list of fastest selling suburbs, Monash is just in the bottom half of suburbs in Australia with an average of days on market 80.56 for properties listed there.
With a capital gain of 2.05% for the last 12 months, Monash, 2904 has performed for property investments than its average annual 2.20% property growth over the last 5 years.
Monash,2904 has offered an average of 2.05% return per annum in house price rises to property investors over the last three 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 -4.60% is being offered, which puts this ACT suburb at 831th most discounted overall in Australia.
On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.
Monash, 2904’s gross rental yield is 4.93%