Suburb Profile Report for Moonee Ponds VIC (3039)

Moonee Ponds House: Median price $1,057,500, Annual capital growth 7.65%, Number of sales 155, Weekly median advertised rent $500

Moonee Ponds Unit: Median price $503,000, Annual capital growth 5.19%, Number of sales 117, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 6.28% for the last year, Moonee Ponds, 3039 is the 1692th highest performer in Australia in this respect.

Across a shorter period, Moonee Ponds, 3039 has seen a median price increase of 4.96% over the last quarter.

Vendor discounting in Moonee Ponds is giving property investors an average Vendor Discount of around -3.92%. This puts suburb at number 507th in VIC when ranking the most discounted suburbs.

At number 949 in a list of fastest selling suburbs, Moonee Ponds is in the TOP 30% of suburbs in Australia with an average of days on market 61.9 for properties listed there.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 7.65%, investors should hope to achieve an overall return of 2.46%

With a capital gain of 5.89% for the last 12 months, Moonee Ponds, 3039 has performed for property investments than its average annual 5.19% property growth over the last 5 years.

Moonee Ponds,3039 was ranked 1460 in Australia by increase in median property value over the quarter.

Vendor discounting in Moonee Ponds is giving property investors an average Vendor Discount of around -5.50%. This puts suburb at number 117th in VIC when ranking the most discounted suburbs.

Advertised rents are around the $360 mark per week – giving a return of 3.72% based on the median price in Suburb

HOUSE UNIT
$1,057,500 $503,000
4.96% -4.28%
6.28% 5.89%
7.65% 5.19%
$500 $360
155 117
2.46% 3.72%
61.9 68.69

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Moonee Ponds VIC
Demographics
Total population 13531
Median household income ($/weekly) 1608
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1405 10.4
    25-34 years 2292 16.9
    35-44 years 2208 16.3
    45-54 years 1870 13.8
    55-64 years 1406 10.4
    Others 4350 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 4809 46.9
    Not Married 4502 43.9
    Defacto Relationship 953 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9463 73.5
    Indonesia 347 2.7
    Japan 733 5.7
    United Kingdom 393 3.1
    Other 454 3.5
    Others 1486 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 195 1.6
    Christianity 8667 69.4
    Hinduism 296 2.4
    Islam 164 1.3
    No Religion 3067 24.5
    Others 107 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 370 7.8
    $1,500-$1,999 557 11.8
    $2,000-$2,499 474 10.0
    $2,500-$2,999 536 11.3
    $3,000-$3,499 386 8.2
    Others 2400 50.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4712 44.4
    Not in the labour force 3177 29.9
    Employed, worked part-time 2073 19.5
    Employed, away from work 388 3.7
    Unemployed, looking for work 272 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1146 16.0
    Professionals 2272 31.7
    Technicians & trades workers 669 9.3
    Clerical & administrative workers 1163 16.2
    Sales 672 9.4
    Others 1250 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 234 7.6
    Infants/Primary 946 30.8
    Secondary 718 23.4
    Technical or Further Educational Institution 260 8.5
    University or other Tertiary Institutions 820 26.7
    Others 93 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8946 70.9
    Flat, unit or apartment 2085 16.5
    Semi-detached, row or terrace house, townhouse 1548 12.3
    House or flat attached to a shop, office 44 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1790 34.8
    Rented 1710 33.2
    Being purchased 1605 31.2
    Other tenure type 41 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals