Unit 5,
ALPINE VILLAS 2 HOFFMANN STREET Moncrieff ACT 2914

About Moncrieff

With an average age of 29, households expect an average monthly mortgage payment of $1,820 or a weekly rent payment of $522. The average family earns a weekly income of $2,658 with a typical household size of 2.8 and a 100.4% employment rate.

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.

Public Transport

EPIC and Racecourse Gungahlin Place Mapleton Avenue Manning Clark North Nullarbor Avenue Phillip Avenue Dickson Interchange Swinden Street Well Station Drive Sandford Street

General Points of Interest

solarhub ACT Netball Centre Gymnastics Centre Multi-Sport Facility Canberra International Sports and Aquatic Centre Gold Creek Station Cockington Green Gardens Canberra Indoor Climbing - North Rocks Club Lime Poem of the Unknown Federation Square

Population

(Country of Birth not stated 5%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

Property Story

Local Developments

To see the latest development applications

Already have an account? Sign in

• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website