Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Mon Repos 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. A mix of professions and above average income earners in Mon Repos provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Mon Repos 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.
|140 MOORES RD, MON REPOS, QLD, 4670||4||3||7||Sold for $1,300,000|
Bargara State School(While the above schools are located with the suburb of Mon Repos there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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