Investment property in Moonee Ponds has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.58%
Moonee Ponds,3039 has offered an average of 16.58% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Moonee Ponds should be aiming for at least -3.10% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $540 mark per week – giving a return of 2.42% based on the median price in Suburb
If you compare the increase in value of investment property in Moonee Ponds, 3039 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.45%.
A 13.16% growth in median value for property investors in Moonee Ponds,3039 puts this suburb at number 303th in terms of best performing suburbs in VIC
Moonee Ponds3039 is located in VIC which offers an average discount of -5.07% to property investors. Moonee Ponds itself is showing figures that indicate -4.77% is the average achievable by property buyers investing in the suburb.