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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Monash, the median property price for a house is currently 841,000 with annual capital growth of -3.33 . There were 48 house sales in the past 12 months. On average, houses spend 43 days on market.
If you're thinking about buying an investment property in Monash, consider that rental yields for houses are currently 4.14 with an average median rent of 675 weekly. Houses have seen 1.69 growth in the past quarter, and -3.33 growth in the past 12 months.
The size of Monash is approximately 3.4 square kilometres. It has 11 parks covering nearly 20.4% of total area. The population of Monash in 2011 was 5,422 people. By 2016 the population was 5,436 showing a population growth of 0.3% in the area during that time. The predominant age group in Monash is 50-59 years.
Households in Monash are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monash work in a professional occupation. In 2011, 74.4% of the homes in Monash were owner-occupied compared with 73.5% in 2016.
In Monash, the median property price for a unit is currently 695,000 with annual capital growth of -7.33 . There were 19 unit sales in the past 12 months.
If you're thinking about buying an investment property in Monash, consider that rental yields for units are currently 4.73 with an average median rent of 575 weekly. Units have seen 0.00 growth in the past quarter, and -7.33 growth in the past 12 months.
The size of Monash is approximately 3.4 square kilometres. It has 11 parks covering nearly 20.4% of total area. The population of Monash in 2011 was 5,422 people. By 2016 the population was 5,436 showing a population growth of 0.3% in the area during that time. The predominant age group in Monash is 50-59 years.
Households in Monash are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monash work in a professional occupation. In 2011, 74.4% of the homes in Monash were owner-occupied compared with 73.5% in 2016.
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| Key Market Data | House | Unit |
| Median price | 841,000 | 695,000 |
| Quarterly growth | +1.69 | 0.00 |
| 12-month growth | -3.33 | -7.33 |
| Average annual growth | +6.12 | +7.28 |
| Weekly median rent | 675 | 575 |
| Gross rental yield | 4.14 | 4.73 |
| Number of Sales (12m) | 48 | 19 |
| Avg. Days on Market (12m) | 43 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 5,422 | 5,436 |
| Population change (5y) | -2.27 | +0.30 |
| Median household income (p/w) | 1,945 | 1,917 |
| Household income change (5y) | +20.21 | -1.44 |
| Median age of persons | 39 | 43 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Monash was 5,436 in 2016, a +0.30 change compared to 2011.
The predominant age group in Monash is 50-59 years.
The population of Monash was 5,436 in 2016, a +0.30 change compared to 2011.
The predominant age group in Monash is 50-59 years.
Most of the population in Monash were born in Australia.
Most of the population in Monash were born in Australia.
Most of the population in Monash report their religion as No Religion.
Most of the population in Monash report their religion as Catholic.
Most of the population in Monash report their income range as between 78,000 and 130,000 .
The median household income in Monash was 1,917 in 2016, a -1.44 change compared to 2011.
Most of the population in Monash report their income range as between 78,000 and 130,000 .
The median household income in Monash was 1,945 in 2011, a +20.21 change compared to 2006.
Most of the population in Monash work as Professional.
Most of the population in Monash work as Professional.
The chart below demonstrates the various levels of education in Monash.
The chart below demonstrates the various levels of education in Monash.
Most of the population in Monash reached a qualification level of Certificate.
Most of the population in Monash reached a qualification level of Certificate.
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