Suburb Profile Report for Moonee Ponds VIC (3039)

Moonee Ponds House: Median price $1,160,000, Annual capital growth 8.75%, Number of sales 164, Weekly median advertised rent $540

Moonee Ponds Unit: Median price $490,000, Annual capital growth 4.60%, Number of sales 112, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$1,160,000 $490,000
10.48% -2.00%
16.58% 1.45%
8.75% 4.60%
$540 $365
164 112
2.42% 3.87%
54.58 64.76

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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