Suburb Profile Report for Moorabbin VIC (3189)

Moorabbin House: Median price $943,500, Annual capital growth 8.85%, Number of sales 87, Weekly median advertised rent $485

Moorabbin Unit: Median price $569,900, Annual capital growth 7.11%, Number of sales 64, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 17.64% for the last 12 months, Moorabbin, 3189 has performed for property investments than its average annual 8.85% property growth over the last 5 years.

Moorabbin,3189 has offered an average of 17.64% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Moorabbin are currently offering property investors an average price cut of -4.99% below the asking price at the moment.

Often selling an investment property can take time, and in Moorabbin the average time real estate has been on the market is 73.89 days.

Moorabbin, 3189’s gross rental yield is 2.67%

At number 142th in the list of Australian suburbs ordered by increase in median house value over the last year, Moorabbin, 3189 is in the top 10% with a property value increase of 18.11% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Moorabbin,3189 has racked up an average of 18.11% over the period. This ranks it number 624th in the whole country for real estate investors looking at median house price increases.

At number 134th of VIC’s most discounted properties, Moorabbin is in the middle of the state/territory when listing in order of most discounted to least.

Situated 11.89km from the CBD, Moorabbin is one of Kingston localities in the postcode 3189.

HOUSE UNIT
$943,500 $569,900
3.11% 14.55%
17.64% 18.11%
8.85% 7.11%
$485 $420
87 64
2.67% 3.83%
73.89 58.15

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5282
Median household income ($/weekly) 1290
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 541 10.2
    25-34 years 704 13.3
    35-44 years 849 16.1
    45-54 years 730 13.8
    55-64 years 562 10.6
    Others 1896 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 2037 50.1
    Not Married 1692 41.6
    Defacto Relationship 337 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3301 65.9
    Croatia 149 3.0
    Hong Kong 141 2.8
    United Kingdom 229 4.6
    Other 364 7.3
    Others 823 16.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 123 2.6
    Christianity 3020 63.1
    Hinduism 71 1.5
    Judaism 214 4.5
    No Religion 1259 26.3
    Others 102 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 176 9.7
    $600-$799 164 9.0
    $1,500-$1,999 217 11.9
    $2,000-$2,499 184 10.1
    $2,500-$2,999 185 10.2
    Others 894 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1637 39.3
    Not in the labour force 1464 35.1
    Employed, worked part-time 791 19.0
    Employed, away from work 161 3.9
    Unemployed, looking for work 117 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 341 13.2
    Professionals 636 24.6
    Technicians & trades workers 361 13.9
    Clerical & administrative workers 412 15.9
    Sales 261 10.1
    Others 578 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 98 8.6
    Infants/Primary 361 31.5
    Secondary 281 24.5
    Technical or Further Educational Institution 148 12.9
    University or other Tertiary Institutions 221 19.3
    Others 36 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4230 84.6
    Semi-detached, row or terrace house, townhouse 486 9.7
    Flat, unit or apartment 254 5.1
    House or flat attached to a shop, office 29 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 786 40.2
    Being purchased 719 36.8
    Rented 437 22.4
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
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