Suburb Profile Report for Moonee Ponds VIC (3039)

Moonee Ponds House: Median price $1,072,500, Annual capital growth 7.94%, Number of sales 162, Weekly median advertised rent $525

Moonee Ponds Unit: Median price $495,000, Annual capital growth 5.00%, Number of sales 114, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$1,072,500 $495,000
4.13% -3.13%
7.68% 3.66%
7.94% 5.00%
$525 $360
162 114
2.55% 3.78%
57.49 63.14

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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
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Recent sales & rentals