Suburb Profile Report for Monash ACT (2904)

Monash House: Median price $615,000, Annual capital growth 3.12%, Number of sales 52, Weekly median advertised rent $500

Monash Unit: Median price $457,500, Annual capital growth 2.27%, Number of sales 18, Weekly median advertised rent $470

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

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

Metrics i HOUSE UNIT
$615,000 $457,500
4.24% 0.55%
4.24% 2.12%
3.12% 2.27%
$500 $470
52 18
4.23% 5.34%
39.85 60.92

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Very good (U)
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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
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