Real Estate Monomak Vic 3860

Real Estate Market: Is Monomak VIC 3860 a Good Suburb to Buy Into?

Housing Market in Monomak

Key Monomak Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2006 - 2023

	Field	Value	VS Latrobe	Trend
	Capital Growth Forecast: Houses	Premium	Premium	Premium
	Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium

Housing Supply in Monomak

Monomak Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, PLANNING ALERTS and Microburbs, 2002 - 2023

Monomak

66.8%

Latrobe

33.6%

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Suburbs

Field	Value	VS Latrobe	Trend
Developments	45.8	Top 4%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium

Housing Stock Quality in Monomak

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023

	Field	Value	VS Latrobe	Trend
	Average bedrooms - all homes	0.0	Bottom 2%	Data for Jan 2021
	NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Monomak

Monomak Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Monomak

22.9%

Latrobe

30.6%

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Suburbs

	Field	Value	VS Latrobe	Trend
	Heritage overlay total area	0.0 sq km	Bottom 18%	Data for Jun 2023

Risk in Monomak

Monomak Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Monomak

31.0

Latrobe

36.1

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Suburbs

Field	Value	VS Latrobe	Trend
Housing Affordability Index	35	Top 41%	Data for Jun 2023
Rent Affordability Index (Houses)	79	Top 49%	Data for Jun 2023
Rent Affordability Index (Units)	76	Bottom 49%	Data for Jun 2023

Housing Demand in Monomak

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN and Microburbs, 2006 - 2030

Monomak

62.8%

Latrobe

55.8%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	16900	Top 30%	14% to Dec 2036
Historical Population (SA3)	46000	Bottom 30%	13% to Dec 2023
Population (LGA)	46000	Top 28%	12% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium