Question 1

Is Monjingup a nice place to live?

Accepted Answer

Monjingup centres on Monjingup Lake and its adjacent nature reserve, set among native bush, small lakes and broad farm country.

The community is older and small, with 394 residents, and many households have bought their homes. Couples without children are the largest family group. Local shops and services are limited so residents rely on Esperance for schools, shops and medical services. The lake and reserve provide waterbird habitat and informal bushwalking and birdwatching, and landscaping improvements at Lake Monjingup were completed under the federal Local Roads and Community Infrastructure program.

Question 2

Is it expensive to live in Monjingup?

Accepted Answer

In Monjingup, a typical local household earned about $1,875 a week at the most recent Census. There haven't been enough recent property sales or rentals in Monjingup to publish reliable house or unit prices or rents, so it's not possible from these figures to describe how expensive it is to live there compared with local incomes.

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

Question 3

Is Monjingup a good place to invest?

Accepted Answer

Monjingup hasn't had enough recent sales to put reliable figures on how its house or unit prices and rents have moved. Without that, there isn't a clear picture of how it has performed as an investment.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	N/A	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	WA
Median age years	45	38
Median household income weekly	$1,875	$1,815
Couples with children share of families	39.3%	44.6%
Couples without children share of families	47.3%	38.8%
One-parent families share of families	13.4%	15.1%
Homes owned outright share of homes	34.8%	30.2%
Homes with a mortgage share of homes	56.2%	41.4%
Homes rented share of homes	8.9%	28.3%

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