Monash, located in the Unincorporated ACT region of the Australian Capital Territory, presents a dynamic housing market characterized by a mix of established homes and modern developments. This suburb is popular among families and professionals due to its strategic location near essential amenities and Canberra's central business district. The housing landscape in Monash is diverse, with options ranging from detached homes with spacious gardens to more contemporary units and townhouses. The demand in this area is generally high, reflecting the broader trends in the ACT housing market where property values have been relatively resilient. Recent data suggests a trend of increased interest, partly driven by buyers looking for more space, owing to the suburb's attractive community environment and access to quality education facilities and recreational areas.
Living in Monash offers a blend of suburban tranquility and urban convenience, creating an appealing lifestyle for its residents. The community is characterized by its well-maintained parks, such as the popular Monash Pond and surrounding green spaces that encourage outdoor activities like walking, cycling, and picnicking. There is a strong community spirit, with local events and activities fostering a sense of belonging among residents. Additionally, Monash benefits from excellent connectivity to Canberra, with efficient public transport links and major roads easily accessible for commuters. The suburb boasts a range of shopping facilities, cafes, and dining options, alongside educational institutions that cater to young families. Overall, Monash offers a balanced lifestyle that combines the peace of suburban living with the benefits of proximate urban amenities.
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Thinking about buying in Monash? Now could not be a better time, with 2629 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $941,000 with prices in this suburb ranging from $41,000 to $13,140,000. The aproximate distance to the coast is 102 Km.
In Monash there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Monash due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Monash leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Monash necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Monash we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Monash a better buying opportunity than it may have been in the past.
Instant Property Valuation81 Tooravale Road, Monash, SA, 5342 | 4 | 1 | 10 | 410000 |
Monash Primary School
Trinity Christian School
Erindale College
St Mary MacKillop College
Isabella Plains Early Childhood School
Lake Tuggeranong College
Gowrie Primary School
Bonython Primary School
Holy Family Primary School
Richardson Primary School
(While the above schools are located with the suburb of Monash there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 16.4 | 34.3 | 16.9 | 64.6 | 4.6 | 28.4 |
Feb | 0.8 | 16.1 | 32.5 | 21.9 | 70.7 | 4.3 | 24.1 |
Mar | 0.6 | 13.6 | 29 | 26.0 | 77.4 | 3.8 | 19.6 |
Apr | 0.8 | 9.8 | 24.3 | 33.3 | 82.3 | 3.2 | 15.6 |
May | 0.4 | 6.3 | 19.7 | 40.3 | 88.6 | 3.2 | 11.3 |
Jun | 0.4 | 4.0 | 16.8 | 46.5 | 92.5 | 3.1 | 9.7 |
Jul | 0.5 | 4.0 | 17 | 44.3 | 93.4 | 3.8 | 10.0 |
Aug | 0.6 | 4.9 | 18.5 | 36.4 | 88.9 | 4.2 | 12.6 |
Sept | 0.5 | 7.2 | 23.2 | 25.6 | 81.9 | 4.6 | 17.8 |
Oct | 1.0 | 9.6 | 25.0 | 25.8 | 82.3 | 4.5 | 21.9 |
Nov | 0.8 | 11.9 | 28.7 | 21.4 | 76.2 | 4.5 | 26.6 |
Dec | 1.1 | 14.7 | 31.2 | 19.7 | 71.3 | 4.7 | 28.8 |
source: Australian Government Bureau of Meteorology
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