Moonee Ponds has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.35% to date .
Comparing Moonee Ponds,3039 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Moonee Ponds itself are offering an average vendor discount of -8.03% to real estate investors.
At number 1232 in a list of fastest selling suburbs, Moonee Ponds is in the TOP 40% of suburbs in Australia with an average of days on market 64.21 for properties listed there.
The VIC suburb of Moonee Ponds, 3039 is in the Moonee Valley local government area.
Property value increases in Moonee Ponds have tracked higher than the VIC average of 4.09% over the last 12 months.
Across a shorter period, Moonee Ponds, 3039 has seen a median price increase of 5.74% over the last quarter.
Moonee Ponds, 3039 is offering VIC ‘s 103th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
At number 493 in a list of fastest selling suburbs, Moonee Ponds is in the TOP 40% of suburbs in Australia with an average of days on market 60.26 for properties listed there.
Advertised rents are around the $350 mark per week – giving a return of 3.53% based on the median price in Suburb