Get a property report and suburb profile for any property in Monash

Monash is an established, low-rise residential suburb in Canberra’s southern suburbs, with tree-lined streets and predominantly single-storey family homes on generous blocks. Quieter residential pockets sit alongside native bushland and neighbourhood parks, so walking trails, local recreation grounds and open space are close at hand. A small cluster of shops covers everyday needs and regular bus services plus nearby arterial roads provide straightforward links to larger town centres and the city. Housing varies from mid-century brick homes to renovated and newer dwellings.

About 5,644 people live in Monash and the median age is 43. The area tends to attract families and long-term residents, with couple families with and without children making up most families, and roughly 79.4% of homes owner-occupied. Monash Primary School and Preschool are included in a school infrastructure program with works for the oval, front office and staffroom, and the local commercial area on Barraclough Crescent has had shop and access improvements. Whether Monash suits you depends on whether you want an established suburban setting with nearby parks and convenient transport links.

Houses in Monash have a current median price of $870,000 and average house rent sits at about $670 a week. Against the typical local household income recorded at the last Census — $2,164 a week (about $112,528 a year) — that rent would take roughly 31% of a typical household's weekly income, a sizeable share. The median house price is about 7.7 times a typical local annual household income at the last Census, which sits well above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months in Monash, house values rose 4.0%, a moderate increase, while house rents increased 3.1%, a modest rise. On the house side, capital growth slightly outpaced rental growth this year, so if you care most about rental income the rent change is the relevant figure, and if capital growth is your focus the value change is the relevant figure. Whether that balance suits your investment goals depends on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.