With a capital gain of 5.49% for the last 12 months, Moe, 3825 has performed for property investments than its average annual 3.46% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Moe has given property investors a paper return of 1.76%. This puts Suburb as 339 on a list of fastest fasting appreciating suburbs in VIC
At number 213th of VIC’s most discounted properties, Moe is in the bottom 40% of the state/territory when listing in order of most discounted to least.
A $220 per week rent on the median house gives suburb investors a gross yield of circa 6.61%, without taking into account capital value appreciation, which has been averaging out at 3.46%.
Moe, 3825 ranked 321th in VIC when comparing growth in median property values or capital gain over the last 12 months. Moe is one of 2098 in our list for VIC
Moe,3825 was ranked 1296 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Moe is offering property investors an average of -5.08. This rate of discount on properties puts Suburb at number 153th in terms of most discounted suburbs in VIC
Property investors should expect to get $162.5 weekly from the median priced house in this suburb.
Moe is located approximately 120 kilometres to the east of Melbourne, in the Latrobe Valley and Gippsland region. The region is home to a diverse and growing economy, with key industry sectors that include power generation, paper manufacture, timber mills, agriculture, dairy, timber, IT, engineering and education Full summary
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Moe is located approximately 120km to the east of Melbourne, in the Latrobe Valley and Gippsland region. The region is home to a diverse and growing economy, with key industry sectors include power generation, paper manufacture, timber mills, agriculture, dairy, timber, IT, engineering and education.
The power generation industry in particular is expanding fast, with both coal-fired power stations and geothermal plants planned for the region.
“This region offers great potential for coming years, riddled with other strong investment options including Churchill and Morewell,” says PRD Nationwide research analyst Dan Halloran. “It is the affordability of Moe that will drive capital growth throughout the suburb in the coming years.”
He adds that having one of the state's strongest rental yields, Moe "is sure to result in the added benefit of continued capital appreciation in years to come.”