At number 862th in the list of Australian suburbs ordered by increase in median house value over the last year, Monash, 2904 is in the top 30% with a property value increase of 11.71% recorded in median house prices.
Monash,2904 was ranked 1192 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -3.81% to buyers in Monash at the moment, which is less than average for the rest of ACT.
In the last year 40 properties changed hands in Monash, which puts it as the 45th most active market in ACT when comparing the number of sales per suburb.
Advertised rents are around the $535 mark per week – giving a return of 4.49% based on the median price in Suburb
With a capital gain of 0.00% for the last 12 months, Monash, 2904 has performed for property investments than its average annual 2.05% property growth over the last 5 years.
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 15th of ACT’s most discounted properties, Monash is in the bottom 40% of the state/territory when listing in order of most discounted to least.