If you compare the increase in value of investment property in Monash, 2904 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 4.41%.
The five-year average increase in median property values for Monash,2904 has given property investors a potential capital gain of 16.59% across each of those five years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.26% offered to property buyers. Sellers in Monash itself are offering an average vendor discount of -2.75% to real estate investors.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Monash is in the TOP 20% in ACT when comparing median price capital growth over the last year. Monash gave property investors a very good capital gain figure when compared to the rest of the state, with 7.58%.
Over the longer term, Monash has seen property prices show investors a 13.84% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Monash 2904 should be seeing an average reduction in asking price of around -1.52% . This means that Monash is holding prices well when compared to other suburbs in ACT.
Monash is 44th on a list of best yielding suburbs for rents in ACT with a 5.21% return