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 13.53%
Moonee Ponds,3039 has offered an average of 13.53% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Moonee Ponds is giving property investors an average Vendor Discount of around -3.10%. This puts suburb at number 555th in VIC when ranking the most discounted suburbs.
Situated 6.47km from the CBD, Moonee Ponds is one of Moonee Valley localities in the postcode 3039.
At number 1333th in the list of Australian suburbs ordered by increase in median house value over the last year, Moonee Ponds, 3039 is in the BOTTOM 30% with a property value increase of -3.61% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Moonee Ponds comes in at number 297th in VIC.
Our latest figures would indicate that property sellers in Moonee Ponds are currently offering property investors an average price cut of -4.56% below the asking price at the moment.
In the last year 109 properties changed hands in Moonee Ponds, which puts it as the 76th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.