Thinking about buying in Moncrieff? Now could not be a better time, with 1966 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $841,000 with prices in this suburb ranging from $166,000 to $2,305,000. The aproximate distance to the coast is 113 Km.

Moncrieff Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Moncrieff driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Moncrieff ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Moncrieff 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Moncrieff the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Moncrieff

	7 ruby hunter rise, moncrieff, act, 2914	4	3	2	Offers over $999,000
	13 toppano st, moncrieff, act, 2914	3	2	2	Auction
	unit 10, urbane, 75 bellhouse cr, moncrieff, act, 2914	3	2	2	680000
	1 amicus st, moncrieff, act, 2914	3	2	2	$799,000+
	17 lumsdaine st, moncrieff, act, 2914	5	3	2	By Negotiation

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General Points of Interest

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