Thinking about buying in Monash? Now could not be a better time, with 763 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $420,000 with prices in this suburb ranging from $135,000 to $887,000. The aproximate distance to the coast is 187 Km.
Median Weekly Rent | $225.75 |
Median Monthly Mortgage | $1073.25 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.50 |
Average Age | 46.25 |
Average Income | $754.50 |
Average Cars Per Dwelling | 2.19 |
Average Properties Within 50M | 2 |
1 Bed  $391,000 |
2 Bed  $227,000 |
3 Bed  $378,000 |
4 Bed  $504,000 |
6 Bed+$886,000 |
In Monash there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Monash due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Monash 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. Medium density in Monash necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Monash we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Monash a better buying opportunity than it may have been in the past.
81 TOORAVALE RD, MONASH, SA, 5342 | 4 | 1 | 10 | 410000 |
Monash Primary School
Rivergum Christian College
Berri Primary School
Riverland Special School
Barmera Primary School
Our Lady of the River School
Glossop High School
Glossop Primary Community School K-7
(While the above schools are located with the suburb of Monash there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 16.4 | 34.3 | 16.9 | 64.6 | 4.6 | 28.4 |
Feb | 0.8 | 16.1 | 32.5 | 21.9 | 70.7 | 4.3 | 24.1 |
Mar | 0.6 | 13.6 | 29 | 26.0 | 77.4 | 3.8 | 19.6 |
Apr | 0.8 | 9.8 | 24.3 | 33.3 | 82.3 | 3.2 | 15.6 |
May | 0.4 | 6.3 | 19.7 | 40.3 | 88.6 | 3.2 | 11.3 |
Jun | 0.4 | 4.0 | 16.8 | 46.5 | 92.5 | 3.1 | 9.7 |
Jul | 0.5 | 4.0 | 17 | 44.3 | 93.4 | 3.8 | 10.0 |
Aug | 0.6 | 4.9 | 18.5 | 36.4 | 88.9 | 4.2 | 12.6 |
Sept | 0.5 | 7.2 | 23.2 | 25.6 | 81.9 | 4.6 | 17.8 |
Oct | 1.0 | 9.6 | 25.0 | 25.8 | 82.3 | 4.5 | 21.9 |
Nov | 0.8 | 11.9 | 28.7 | 21.4 | 76.2 | 4.5 | 26.6 |
Dec | 1.1 | 14.7 | 31.2 | 19.7 | 71.3 | 4.7 | 28.8 |
source: Australian Government Bureau of Meteorology
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