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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

Belle Property unit 1, 37 andrew st, oakleigh, vic, 3166 Beds4 Bathrooms3 Parking 2 $1,600,000 - $1,700,000
Century 21 170 warrigal rd, oakleigh, vic, 3166 Beds Bathrooms CONTACT THERESA FOR MORE INFORMATION
Harcourts 96 haughton rd, oakleigh, vic, 3166 Beds3 Bathrooms2 Parking 1 Forthcoming Auction
Harcourts unit 1, 13 logie st, oakleigh, vic, 3166 Beds1 Bathrooms1 Parking 1 AUCTION (UNLESS SOLD PRIOR)
Harcourts unit 1, 36 heath av, oakleigh, vic, 3166 Beds2 Bathrooms1 Parking 1 Contact Agent
Harcourts unit 1, 1251 north rd, oakleigh, vic, 3166 Beds4 Bathrooms3 Parking 2 Contact Agent
Professionals unit 11, 2 dalgety st, oakleigh, vic, 3166 Beds2 Bathrooms2 Parking 1 $680,000-$720,000
Professionals unit 306, 6 dalgety st, oakleigh, vic, 3166 Beds2 Bathrooms2 Parking 1 $530,000-$580,000
Professionals unit 12, 2 dalgety st, oakleigh, vic, 3166 Beds2 Bathrooms2 Parking 1 $660,000-$720,000
Professionals 52 haughton rd, oakleigh, vic, 3166 Beds5 Bathrooms4 Parking 3 Price: Contact Agent
Ray White unit 102, 16 dalgety st, oakleigh, vic, 3166 Beds2 Bathrooms2 Parking 1 650000
Ray White unit 101, 1525 dandenong rd, oakleigh, vic, 3166 Beds2 Bathrooms2 Parking 1 430000
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
Ray White 47 heath av, oakleigh, vic, 3166 Beds3 Bathrooms2 Parking 2 850000
Woodards unit 1, 11 logie st, oakleigh, vic, 3166 Beds2 Bathrooms1 Parking 1 $499,000
Woodards 4 watsonia st, oakleigh, vic, 3166 Beds5 Bathrooms2 Parking 2 $2,200,000
Woodards 5 clyde st, oakleigh, vic, 3166 Beds3 Bathrooms1 Parking 2 $1,350,000 - $1,400,000

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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