All About Moncrieff, Unincorporated ACT, ACT, 2914

Moncrieff, located in the Gungahlin district of the Australian Capital Territory, is a relatively new and rapidly developing suburb that has been attracting considerable attention in the housing market. With its contemporary design and community-focused planning, Moncrieff has become an appealing destination for families and individuals seeking a suburban lifestyle with the convenience of nearby urban amenities. The housing market in Moncrieff is characterized by modern, diversified properties that range from standalone family homes to townhouses, offering options for a variety of buyers. The suburb's steady growth has led to competitive pricing, making it an attractive location for both first-time homebuyers and investors. Moreover, the continuous investment in infrastructure and community facilities is expected to sustain its appeal, potentially contributing to property value appreciation over time.

Living in Moncrieff offers residents a balanced lifestyle with ample opportunities for recreation and relaxation. The suburb is designed with community-centric principles, boasting well-maintained parks, walking paths, and communal areas that promote an active lifestyle and social interaction among neighbors. Families particularly appreciate the family-friendly environment, supported by local schools, childcare centers, and nearby shops that cater to everyday needs. Additionally, the proximity to Gungahlin Town Centre means residents can enjoy a variety of shopping, dining, and entertainment options within a short drive. The sense of community in Moncrieff is further enhanced by organized local events and activities, which help foster a welcoming and inclusive atmosphere. Overall, Moncrieff combines the tranquility of suburban living with the conveniences of modern urban development, making it a desirable place to call home.

Moncrieff Real Estate Market Outlook

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.

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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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