Thinking about buying in Monkerai? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $604,000 with prices in this suburb ranging from $382,000 to $1,647,000. The aproximate distance to the coast is 36 Km.
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In Monkerai 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. Low average incomes in Monkerai is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Monkerai 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Monkerai the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
None within suburb boundary
(While the above schools are located with the suburb of Monkerai 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 | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
17-04-2024 | $1,525,000 | 312 UPPER MONKERAI RD |
21-09-2022 | $590,000 | 1297 MONKERAI RD |
12-11-2021 | $800,000 | 555 MOORES RD |
08-11-2021 | $1,300,000 | 2091 MONKERAI RD |
27-08-2021 | $435,000 | 365 UPPER MONKERAI RD |
02-07-2021 | $150,000 | 243 CHERRY TREE RD |
21-05-2021 | $920,000 | 983 LAWLERS CREEK RD |
09-03-2021 | $780,000 | 2141 MONKERAI RD |
21-01-2019 | $320,000 | 2261 MONKERAI RD |
11-01-2019 | $587,000 | 367 MOORES RD |
19-09-2017 | $580,000 | 1351 MONKERAI RD |
20-06-2017 | $200,000 | 1219 LAWLERS CREEK RD |
03-12-2015 | $760,000 | 873 UPPER MONKERAI RD |
18-11-2015 | $150,000 | 1139 LAWLERS CREEK RD |
10-03-2015 | $825,000 | 828 UPPER MONKERAI RD |
20-10-2014 | $770,000 | 1182 UPPER MONKERAI RD |
12-09-2014 | $600,000 | 2250 MONKERAI RD |
31-07-2014 | $675,000 | 4 / 1062 UPPER MONKERAI RD |
17-06-2014 | $350,000 | 1351 MONKERAI RD |
11-12-2012 | $310,000 | 1297 MONKERAI RD |
04-10-2012 | $780,000 | 312 UPPER MONKERAI RD |
10-07-2012 | $108,000 | 1351 MONKERAI RD |
25-05-2012 | $570,000 | 1182 UPPER MONKERAI RD |
15-12-2009 | $520,000 | 367 MOORES RD |
12-08-2009 | $193,333 | 1253 MONKERAI RD |
04-12-2008 | $300,000 | 538 UPPER MONKERAI RD |
23-04-2008 | $457,000 | 1219 LAWLERS CREEK RD |
03-07-2007 | $650,000 | 251 MOORES RD |
20-09-2005 | $375,000 | 1219 LAWLERS CREEK RD |
03-06-2005 | $450,000 | 245 CHERRY TREE RD |
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