Suburb Profile Report for Monash SA (5342)

Monash House: Median price $315,000, Annual capital growth 6.80%, Number of sales 13, Weekly median advertised rent $275

  • House Report

Monash is in the TOP 10% in SA 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 17.10%.

While Monash,5342 ranked number 455th in SA for increase in median house value (annualised) increase, it is ranked 4th over the last 5 years.

Property investors looking for a bargain in Monash should be aiming for at least -2.45% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $275 and the average annual increase in value of a median property of 6.80%, investors should hope to achieve an overall return of 4.54%

Metrics i HOUSE UNIT
$315,000 N/A
-9.35% N/A
17.10% N/A
6.80% N/A
$275 N/A
13 N/A
4.54% N/A
98.71 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1156
Median household income ($/weekly) 997
Median age of persons 40
Median housing loan repayment ($/monthly) 1000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 185 16.0
    25-34 years 95 8.2
    35-44 years 179 15.5
    45-54 years 209 18.1
    55-64 years 174 15.0
    Others 315 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 485 58.4
    Not Married 270 32.5
    Defacto Relationship 76 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 993 90.4
    Hong Kong 21 1.9
    Indonesia 26 2.4
    United Kingdom 30 2.7
    Other 9 0.8
    Others 20 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 679 64.3
    No Religion 327 31.0
    Other Religious Groups 46 4.4
    Buddhism 4 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 11.3
    $600-$799 50 13.4
    $800-$999 53 14.2
    $1,250-$1,499 41 11.0
    $1,500-$1,999 50 13.4
    Others 136 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 353 40.3
    Not in the labour force 255 29.1
    Employed, worked part-time 192 21.9
    Employed, away from work 46 5.2
    Unemployed, looking for work 31 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 106 18.0
    Professionals 72 12.2
    Technicians & trades workers 81 13.7
    Community & personal service workers 70 11.9
    Labourers 103 17.5
    Others 158 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 17 5.8
    Infants/Primary 142 48.6
    Secondary 77 26.4
    Technical or Further Educational Institution 30 10.3
    University or other Tertiary Institutions 14 4.8
    Others 12 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1074 98.4
    Flat, unit or apartment 8 0.7
    Improvised home, tent, sleepers out 6 0.5
    Caravan, cabin, houseboat 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 187 45.7
    Fully owned 152 37.2
    Rented 67 16.4
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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