Investment property in Moonee Ponds has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.68%
Across a shorter period, Moonee Ponds, 3039 has seen a median price increase of 4.13% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Moonee Ponds, 3039. Typically our figures indicate that -4.26% is being offered, which puts this VIC suburb at 3086th most discounted overall in Australia.
In the last year 162 properties changed hands in Moonee Ponds, which puts it as the 151th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $525 mark per week – giving a return of 2.55% based on the median price in Suburb
Moonee Ponds has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.66% to date .
If we look at median property appreciation over just the last three months, Moonee Ponds has given property investors a paper return of -3.13%. This puts Suburb as 325 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Moonee Ponds is $495000, with sellers offering an average of -5.22% off the asking price.
Moonee Ponds is 244th on a list of best yielding suburbs for rents in VIC with a 3.78% return