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.