Investment property in Moorabbin 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 19.85%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Moorabbin has increased when compared to the 5 year average annual rate.
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 Moorabbin, 3189. Typically our figures indicate that -4.99% is being offered, which puts this VIC suburb at 2580th most discounted overall in Australia.
Advertised rents are around the $465 mark per week – giving a return of 2.48% based on the median price in Suburb
Investment property in Moorabbin 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 21.28%
If we look at median property appreciation over just the last three months, Moorabbin has given property investors a paper return of 19.69%. This puts Suburb as 7 on a list of fastest fasting appreciating suburbs in VIC
Moorabbin3189 is located in VIC which offers an average discount of -5.12% to property investors. Moorabbin itself is showing figures that indicate -5.71% is the average achievable by property buyers investing in the suburb.
Moorabbin, 3189’s gross rental yield is 3.64%