Giving property investors a a stable capital gain of 9.46% for the last year, Monash, 2904 is the 1224th highest performer in Australia in this respect.
Over the longer term, Monash has seen property prices show investors a 13.20% return over the last 3 years. This is worse than over the last 12 months
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.53% offered to property buyers. Sellers in Monash itself are offering an average vendor discount of -3.94% to real estate investors.
With a capital gain of 1.59% for the last 12 months, Monash, 2904 has performed for property investments than its average annual 2.09% property growth over the last 5 years.
Across a shorter period, Monash, 2904 has seen a median price increase of -0.45% over the last quarter.
Our latest figures would indicate that property sellers in Monash are currently offering property investors an average price cut of -3.91% below the asking price at the moment.
In the last year 33 properties changed hands in Monash, which puts it as the 37th most active market in ACT when comparing the number of sales per suburb.
Monash is 33th on a list of best yielding suburbs for rents in ACT with a 5.23% return