Moorabbin, 3189 ranked 43th in VIC when comparing growth in median property values or capital gain over the last 12 months. Moorabbin is one of 2098 in our list for VIC
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.
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.
Residents and property investors in Moorabbin have been waiting around 68.92 days to sell a property.
Situated 15.91km from the CBD, Moorabbin is one of Kingston localities in the postcode 3189.
Property investors who have had real estate in Moorabbin, 3189 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.49%
Across a shorter period, Moorabbin, 3189 has seen a median price increase of 10.83% over the last quarter.
Our latest figures would indicate that property sellers in Moorabbin are currently offering property investors an average price cut of -5.71% below the asking price at the moment.
At number 428 in a list of fastest selling suburbs, Moorabbin is in the TOP 30% of suburbs in Australia with an average of days on market 61.94 for properties listed there.