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Monash
VIC, 3166

Thinking about buying in Monash? Now could not be a better time, with 6174 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,408,000 with prices in this suburb ranging from $231,000 to $5,144,000. Monash is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $422.38
Median Monthly Mortgage $2155.68
Median Persons Per Bedroom 0.89
Average Household Size 2.65
Average Age 38.47
Average Income $875.97
Average Cars Per Dwelling 1.58
Average Properties Within 50M 48

Housing Stock

Average Property Prices

1 Bed  $536,000
2 Bed  $1,074,000
3 Bed  $1,656,000
4 Bed  $2,041,000
5 Bed  $2,688,000
6 Bed+$1,908,000

Monash Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Monash driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Monash ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Monash classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Monash requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Monash

Buxton 67 EASTGATE ST, OAKLEIGH, VIC, 3166 Beds3 Bathrooms2 Parking 1 $ 1,000,000 - 1,100,000
Buxton 13 QUEENS AV, OAKLEIGH, VIC, 3166 Beds3 Bathrooms1 $1,250,000-$1,350,000
Buxton UNIT 7, 105 ATHERTON RD, OAKLEIGH, VIC, 3166 Beds2 Bathrooms1 Parking 1 $449,000
Buxton UNIT 502, 19-21 HANOVER ST, OAKLEIGH, VIC, 3166 Beds1 Bathrooms1 Parking 1 $359,000
Century 21 UNIT 304, 1525 DANDENONG RD, OAKLEIGH, VIC, 3166 Beds2 Bathrooms2 Parking 1 $450,000 TO $470,000
Harcourts UNIT 5, 201-203 HUNTINGDALE RD, OAKLEIGH, VIC, 3166 Beds2 Bathrooms1 Parking 1 No Body Corp $520,000-$570,000
Harcourts UNIT 702, 6 DALGETY ST, OAKLEIGH, VIC, 3166 Beds1 Bathrooms1 Parking 1 Inspections by Appointment
Ray White UNIT 23, 6 DALGETY ST, OAKLEIGH, VIC, 3166 Beds2 Bathrooms2 Parking 1 760000
Ray White UNIT 102, 16 DALGETY ST, OAKLEIGH, VIC, 3166 Beds2 Bathrooms2 Parking 1 575000
Ray White UNIT 301, 1525 DANDENONG RD, OAKLEIGH, VIC, 3166 Beds2 Bathrooms2 Parking 1 450000
Ray White 14 DEVON GR, OAKLEIGH, VIC, 3166 Beds3 Bathrooms1 Parking 2 1200000
Ray White UNIT 6, 105 ATHERTON RD, OAKLEIGH, VIC, 3166 Beds2 Bathrooms1 Parking 1 435000
Woodards UNIT 409, 89 ATHERTON RD, OAKLEIGH, VIC, 3166 Beds3 Bathrooms2 Parking 2 $950,000 - $990,000
Woodards 5 CLYDE ST, OAKLEIGH, VIC, 3166 Beds Bathrooms1 $1,250,000 - $1,350,000

Local Schools

Oakleigh Primary School

Sacred Heart School

Christ Our Holy Redeemer School

Sacred Heart Girls' College

Huntingdale Primary School

Amsleigh Park Primary School

Oakleigh Grammar

Mount Waverley Heights Primary School

Hughesdale Primary School

Salesian College

(While the above schools are located with the suburb of Monash there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Monash weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.515.026.942.886.14.925.0
Feb1.715.126.445.087.04.721.1
Mar1.414.024.247.387.94.516.3
Apr2.111.120.75191.33.911.8
May1.89.017.257.190.84.28.5
Jun1.86.714.663.893.53.97.3
Jul1.76.814.360.590.84.87.5
Aug1.87.314.956.390.25.010.2
Sept1.98.717.650.589.45.014.6
Oct2.09.820.448.289.94.719.6
Nov2.511.822.347.088.74.822.8
Dec2.213.524.744.187.24.825.7

source: Australian Government Bureau of Meteorology


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Nearby Suburbs

OakleighHuntingdaleOakleigh EastChadstoneMurrumbeenaOakleigh SouthBentleigh EastCarnegieClaytonMalvern East

Public Transport


General Points of Interest

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