Suburb Profile Report for Moe VIC (3825)

Moe House: Median price $173,000, Annual capital growth 3.39%, Number of sales 160, Weekly median advertised rent $220

Moe Unit: Median price $146,000, Annual capital growth 3.92%, Number of sales 32, Weekly median advertised rent $160

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Moe is in the bottom 30% in VIC when comparing median price capital growth over the last year. Moe gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.22%.

Comparing Moe,3825 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -6.85% to buyers in Moe at the moment, which is less than average for the rest of VIC.

Advertised rents are around the $220 mark per week – giving a return of 6.61% based on the median price in Suburb

Moe is in the TOP 10% in VIC when comparing median price capital growth over the last year. Moe gave property investors a very good capital gain figure when compared to the rest of the state, with 16.33%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Moe has increased when compared to the 5 year average annual rate.

Moe, 3825 is offering VIC ‘s 173th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Often selling an investment property can take time, and in Moe the average time real estate has been on the market is 111.17 days.

Situated 120.52km from the CBD, Moe is one of Latrobe localities in the postcode 3825.

Information supplied by:




M
O

W
E
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

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.”

Close
HOUSE UNIT
$173,000 $146,000
2.06% -0.68%
4.22% 16.33%
3.39% 3.92%
$220 $160
160 32
6.61% 5.70%
114.74 111.17

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Moe VIC
Demographics
Total population 8750
Median household income ($/weekly) 674
Median age of persons 42
Median housing loan repayment ($/monthly) 997
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 1041 11.9
    25-34 years 930 10.6
    35-44 years 972 11.1
    45-54 years 1224 14.0
    55-64 years 1278 14.6
    Others 3307 37.8
    Age Group
    Census Count Percent(%)
    Not Married 3342 51.1
    Registered Married 2581 39.5
    Defacto Relationship 614 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6915 83.6
    Netherlands 99 1.2
    New Zealand 134 1.6
    United Kingdom 447 5.4
    Other 173 2.1
    Others 503 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 0.6
    Christianity 5303 68.0
    Islam 15 0.2
    Other Religious Groups 43 0.6
    No Religion 2380 30.5
    Others 10 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 536 16.1
    $400-$599 607 18.2
    $600-$799 418 12.5
    $800-$999 309 9.3
    $1,000-$1,249 267 8.0
    Others 1195 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3347 49.7
    Employed, worked full-time 1674 24.9
    Employed, worked part-time 1058 15.7
    Unemployed, looking for work 405 6.0
    Employed, away from work 251 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 581 19.5
    Community & personal service workers 377 12.6
    Clerical & administrative workers 380 12.7
    Sales 335 11.2
    Labourers 440 14.7
    Others 871 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 114 6.7
    Infants/Primary 637 37.5
    Secondary 530 31.2
    Technical or Further Educational Institution 234 13.8
    University or other Tertiary Institutions 130 7.7
    Others 53 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6608 80.0
    Flat, unit or apartment 836 10.1
    Semi-detached, row or terrace house, townhouse 786 9.5
    Caravan, cabin, houseboat 28 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1349 37.1
    Rented 1268 34.9
    Being purchased 983 27.0
    Other tenure type 38 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals