At number 1676th in the list of Australian suburbs ordered by increase in median house value over the last year, Moonee Beach, 2450 is in the top half with a property value increase of 6.67% recorded in median house prices.
If we look at median property appreciation over just the last three months, Moonee Beach has given property investors a paper return of 2.81%. This puts Suburb as 571 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Moonee Beach should be aiming for at least -3.44% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2186 in a list of fastest selling suburbs, Moonee Beach is just in the bottom half of suburbs in Australia with an average of days on market 88.18 for properties listed there.
With the median price for a house in Moonee Beach being $640000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 3.86%