At number 2353th in the list of Australian suburbs ordered by increase in median house value over the last year, Monash, 2904 is in the BOTTOM 50% with a property value increase of 1.44% recorded in median house prices.
A 20.48% growth in median value for property investors in Monash,2904 puts this suburb at number 75th in terms of best performing suburbs in ACT
Monash2904 is located in ACT which offers an average discount of -3.57% to property investors. Monash itself is showing figures that indicate -2.34% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
Situated 15.41km from the CBD, Monash is one of Unincorporated ACT localities in the postcode 2904.
Monash is an average performer in ACT when comparing median price capital growth over the last year. Monash gave property investors a average capital gain figure when compared to the rest of the state, with 1.90%.
While Monash,2904 ranked number 28th in ACT for increase in median house value (annualised) increase, it is ranked 36th over the last 5 years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.55% offered to property buyers. Sellers in Monash itself are offering an average vendor discount of -2.63% to real estate investors.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.