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Moncrieff suburb profile

Moncrieff is a modern and rapidly growing suburb located in the Gungahlin district of Canberra, ACT. Known for its family-friendly environment, Moncrieff offers a range of contemporary housing options and well-planned amenities. The suburb features numerous parks, playgrounds, and open spaces, making it ideal for outdoor activities and community gatherings. Moncrieff's proximity to the Gungahlin Town Centre provides residents with easy access to shopping, dining, and essential services. With its focus on sustainability and community living, Moncrieff is an attractive choice for families and individuals seeking a balanced lifestyle in the nation's capital.

Moncrieff property market performance

Current median dwelling price$602,225Past 3 months

Property growth+1.7%Past 12 months

Moncrieff’s property market has shown modest growth over the past 12 months, with house values increasing by 2.7%, bringing the median house price to $757,000. The unit market remains minimal, with a negligible change of 0.8% in value and a median price of $0, indicating limited activity in this sector.

Sales activity has been relatively low, with 28 houses and only 2 units sold in the past 12 months. Houses are taking a median of 51 days on the market, while unit data is insufficient to provide a reliable median, reflecting the limited unit sales.

The rental market for houses in Moncrieff has seen a slight increase, with average rents rising by 3.8% to $690 over the last 12 months. The unit rental market remains inactive, with no significant changes reported.

HousesUnits
Median price
Past 3 months
$757KN/A
Change in value
Past 12 months
2.7%0.8%
Sold
Past 3 months
282
Median days on market
Past 12 months
51N/A
Average rent
Past 12 months
$690N/A
Change in rent
Past 12 months
3.8%N/A

5 year median price trend for houses and units

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Moncrieff demographics

Moncrieff, located in the northern suburbs of Canberra, is a rapidly growing area known for its family-friendly environment and modern amenities. With a population of 5,310 and a median age of 30, Moncrieff is a youthful suburb that attracts young families and professionals seeking a vibrant community. The suburb's high median household income of $2,699 per week reflects its prosperous residents and the area's appeal to those looking for a comfortable lifestyle.

The family-oriented nature of Moncrieff is evident, with 63.1% of households being couple families with children, highlighting the suburb's suitability for raising families. Additionally, 23.5% of households are couple families without children, and 12.2% are one-parent families, indicating a diverse range of family structures. The suburb's modern housing developments and community facilities cater to the needs of its residents, making it an attractive place for families to settle.

In terms of property ownership, Moncrieff has a high rate of homeownership with 70% of properties owned with a mortgage, reflecting the suburb's appeal to new homeowners and those investing in their future. Only 5.8% of properties are owned outright, while 24.3% are rented, suggesting a stable housing market with opportunities for both buyers and renters. Moncrieff's blend of modern living, community spirit, and accessibility to Canberra's amenities makes it a desirable location for those seeking a balanced lifestyle.

Moncrieff infrastructure, key developments and investment opportunities

Moncrieff is a relatively new suburb in the Gungahlin district, with most residential development completed in recent years, leading to a modern housing stock and ongoing infill activity that continues to shape local supply and streetscapes.[3][9] The suburb benefits from proximity to established Gungahlin shopping, employment and community facilities, which enhances amenity and supports buyer demand as residents can access a broad range of services within a short drive.[3] Local childcare options are well catered for, with multiple family day care services in and around Moncrieff, which is attractive for young families and supports the area’s growing population profile.[5]

Transport connectivity is primarily via arterial roads linking to the Gungahlin town centre and major routes towards the Canberra CBD, and while no new rail stations are planned within Moncrieff itself, residents are relatively close to the existing light rail corridor through Gungahlin, bolstering long-term accessibility.[9] There are no major new school or hospital projects announced directly within Moncrieff at this time, so near-term market drivers are more likely to come from incremental improvements in nearby Gungahlin facilities and continued population growth rather than large-scale infrastructure shifts.[3] Overall, Moncrieff’s modern housing, family-oriented services and access to regional amenities underpin its desirability, with any future upgrades to Gungahlin transport or town centre facilities likely to have a positive flow-on effect for local property values.[3][10]

Moncrieff rental market trends

The rental market in Moncrieff has experienced modest growth, with house rents increasing by 3.8% over the past year to $690 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Moncrieff continues to attract interest due to its family-friendly environment and proximity to amenities, making it a desirable location for renters seeking suburban living.

Suburbs near Moncrieff

Some popular suburbs near Moncrieff include:

How does Moncrieff compare to nearby suburbs?

  • Median house prices: Moncrieff’s median house price is 9.3% lower than Ngunnawal’s.
  • Median unit prices: Moncrieff’s median unit price is 22.6% higher than Casey’s.
  • House price growth: Over the past 12 months, house prices in Moncrieff have grown 19.4% higher than in Taylor.
  • Unit price growth: Over the past 12 months, unit prices in Moncrieff have grown 5.8% higher than in Taylor.
  • Selling speed for houses: Properties in Moncrieff are selling 27.1% faster than in Jacka.
  • House price growth: Over the past 12 months, house prices in Moncrieff have grown 26.2% lower than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Moncrieff have grown 37.1% higher than the average rate of growth for units across Canberra.

Common questions about Moncrieff

  • Is Moncrieff a nice place to live?

    Moncrieff is a delightful suburb that offers a fantastic living experience, particularly for families and young professionals. Its modern charm and vibrant community make it an appealing place to call home. The suburb is known for its peaceful atmosphere, with plenty of parks and green spaces that provide a perfect backdrop for outdoor activities and leisurely strolls. The community vibe is strong, fostering a sense of belonging among residents who enjoy the well-maintained amenities and the suburb's focus on sustainability.

    Families will find Moncrieff particularly attractive due to its family-friendly environment and the availability of childcare options. The suburb's proximity to the Gungahlin Town Centre ensures that residents have easy access to shopping, dining, and essential services, making daily life convenient and enjoyable. Safety is generally not a major concern, contributing to the overall appeal of the area for those with children.

    However, living in Moncrieff does come with some trade-offs. While the suburb offers modern housing and a strong community feel, it lacks direct rail connectivity, relying instead on arterial roads and proximity to the existing light rail corridor through Gungahlin. This means that residents may need to plan their commutes accordingly. Additionally, while there are no major new school or hospital projects within Moncrieff itself, the nearby Gungahlin facilities continue to support the community's needs.

    Overall, Moncrieff is a charming suburb that balances modern living with a strong community spirit. It is an excellent choice for families and individuals seeking a peaceful yet connected lifestyle in the northern suburbs of Canberra. The suburb's ongoing development and proximity to regional amenities make it a desirable location for those looking to invest in their future while enjoying a balanced lifestyle.

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  • Is it expensive to live in Moncrieff?

    Living in Moncrieff can be considered moderately expensive, especially when compared to the broader ACT region. The median house price in Moncrieff is currently $757,000, which is relatively high for those looking to purchase a home. Renting a house in Moncrieff costs an average of $690 per week, which is a significant expense for many households.

    The median weekly household income in Moncrieff is $2,699, equating to approximately $140,000 annually. This is quite competitive when compared to the average income across the ACT. However, the high property prices and rental costs mean that a substantial portion of income would need to be allocated to housing expenses. If you are thinking of living in Moncrieff, it's important to consider whether your financial situation can comfortably support these costs while maintaining your desired lifestyle.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Moncrieff a good place to invest?

    Moncrieff is an appealing suburb for those considering a stable investment in the real estate market. Over the last year, the suburb has experienced a modest increase in median house values by 2.7%, which indicates a steady growth trend. While the change in median unit values has been more subdued at 0.8%, this could present an opportunity for investors looking to enter the market at a lower price point.

    Rental yields in Moncrieff are also showing positive signs, with house rents increasing by 3.8% over the past year. This suggests a healthy demand for rental properties, making it attractive for investors seeking consistent rental income. Although unit rents have remained stable with no change, this stability can be appealing for those prioritizing low-risk investments.

    Overall, Moncrieff offers a balanced investment opportunity with its steady property value growth and promising rental market. It's a suburb that might not deliver explosive short-term gains, but it provides a reliable environment for long-term investment, especially for those looking to build a portfolio with both houses and units.

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Choose the right real estate agents in Moncrieff

Currently, there are 50 real estate agents working in Moncrieff—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 50 agents sold 43.9% of all properties in Moncrieff over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Moncrieff typically charge a commission of 2.3% to 2.85%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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