Suburb Profile Report for Mooroopna VIC (3629)

Mooroopna House: Median price $220,000, Annual capital growth 0.54%, Number of sales 115, Weekly median advertised rent $270

Mooroopna Unit: Median price $162,501, Annual capital growth 0.12%, Number of sales 16, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -0.90% for the last year, Mooroopna, 3629 is the 2941th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Mooroopna,3629 has racked up an average of -0.90% over the period. This ranks it number 2817th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Mooroopna is $220000, with sellers offering an average of -5.72% off the asking price.

Advertised rents are around the $270 mark per week – giving a return of 6.38% based on the median price in Suburb

Property value increases in Mooroopna have tracked just lower than the VIC average of 3.19% over the last 12 months.

Mooroopna,3629 has offered an average of -1.51% return per annum in house price rises to property investors over the last three years.

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 Mooroopna, 3629. Typically our figures indicate that -6.04% is being offered, which puts this VIC suburb at 474th most discounted overall in Australia.

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

Using the current median advertised rental of $230 and the average annual increase in value of a median property of 0.12%, investors should hope to achieve an overall return of 7.36%

HOUSE UNIT
$220,000 $162,501
0.00% 1.56%
-0.90% -1.51%
0.54% 0.12%
$270 $230
115 16
6.38% 7.36%
110.8 146.36

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 7813
Median household income ($/weekly) 847
Median age of persons 38
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1040 13.3
    25-34 years 961 12.3
    35-44 years 1034 13.2
    45-54 years 959 12.3
    55-64 years 973 12.5
    Others 2846 36.4
    Age Group
    Census Count Percent(%)
    Not Married 2539 45.7
    Registered Married 2454 44.2
    Defacto Relationship 565 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6700 90.9
    Japan 69 0.9
    Papua New Guinea 91 1.2
    United Kingdom 172 2.3
    Other 79 1.1
    Others 256 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 74 1.0
    Christianity 5048 71.3
    Hinduism 30 0.4
    Islam 103 1.5
    No Religion 1798 25.4
    Others 26 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 332 12.1
    $400-$599 430 15.6
    $600-$799 342 12.4
    $800-$999 314 11.4
    $1,500-$1,999 308 11.2
    Others 1026 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2348 39.9
    Employed, worked full-time 1962 33.4
    Employed, worked part-time 1086 18.5
    Employed, away from work 242 4.1
    Unemployed, looking for work 241 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 453 13.8
    Technicians & trades workers 494 15.0
    Community & personal service workers 389 11.8
    Clerical & administrative workers 407 12.4
    Labourers 547 16.6
    Others 999 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 133 8.3
    Infants/Primary 619 38.4
    Secondary 514 31.9
    Technical or Further Educational Institution 184 11.4
    University or other Tertiary Institutions 105 6.5
    Others 57 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6240 85.7
    Semi-detached, row or terrace house, townhouse 126 1.7
    Flat, unit or apartment 660 9.1
    Caravan, cabin, houseboat 246 3.4
    House or flat attached to a shop, office 8 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1052 35.2
    Rented 974 32.6
    Fully owned 924 30.9
    Other tenure type 39 1.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals