Moonta Bay has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -7.83% to date .
Across a shorter period, Moonta Bay, 5558 has seen a median price increase of -0.62% over the last quarter.
Sellers are offering property buyers an average discount of -4.33% to buyers in Moonta Bay at the moment, which is less than average for the rest of SA.
The SA suburb of Moonta Bay, 5558 is in the Copper Coast (DC) local government area.
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Moonta Bay, SA – Price growth is stunted
Median house price: $280,000
Stock on market: 22.8%
12-month growth: -2.4%
A stunning collection of coves, beaches and tranquil blue waters, the holiday destination of Moonta Bay sits right on the shore of Spencer Gulf. It attracts tourists looking for a relaxing time by the beach.
The Port Hughes jetty is popular with fishing enthusiasts, and charter boats are plentiful in this area. There is a water park that’s perfect for family-friendly fun, and there is a playground right on the beach.
The various restaurants and cafes are great spots to get a drink and a bite or two while watching the sunset. Other nearby amenities include the golf course at Port Hughes, and residents are serviced by the Moonta railway station.