Thinking about buying in Monkland? Now could not be a better time, with a whopping 767 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $260,000 with prices in this suburb ranging from $60,000 to $751,000.Distance to the coast is 37 Km.
In Monkland 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 Monkland 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 Monkland 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 Monkland necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
|Median Weekly Rent||$284.60|
|Median Monthly Mortgage||$1229.80|
|Median Persons Per Bedroom||0.74|
|Average Household Size||2.40|
|Average Cars Per Dwelling||2.52|
|Average Properties Within 50M||5.00|
|DUPLEX 1, 19 NICHOLLS RD, MONKLAND, QLD, 4570||4||2||2||Offers Over $680,000|
|24 MCVEY RD, MONKLAND, QLD, 4570||3||1||1||Offers Over $399,000|
|24 FAIRVIEW RD, MONKLAND, QLD, 4570||4||2||2||Offers Over $550,000|
|2 EDWIN CAMPION DR, MONKLAND, QLD, 4570||Open To Offers|
Monkland State School(While the above schools are located with the suburb of Monkland there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
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