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