Suburb Profile Report for Moonee Ponds VIC (3039)

Moonee Ponds House: Median price $1,407,500, Annual capital growth 6.30%, Number of sales 123, Weekly median advertised rent $550

Moonee Ponds Unit: Median price $550,000, Annual capital growth 1.60%, Number of sales 154, Weekly median advertised rent $390

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2984th in the list of Australian suburbs ordered by increase in median house value over the last year, Moonee Ponds, 3039 is in the BOTTOM 30% with a property value increase of 8.27% recorded in median house prices.

If we look at median property appreciation over just the last three months, Moonee Ponds has given property investors a paper return of 3.49%. This puts Suburb as 435 on a list of fastest fasting appreciating suburbs in VIC

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 Moonee Ponds, 3039. Typically our figures indicate that -5.25% is being offered, which puts this VIC suburb at 698th most discounted overall in Australia.

On average over the past year, suburb has had 10.25 sales per month, which equates to 123 per year.

Moonee Ponds is 525th on a list of best yielding suburbs for rents in VIC with a 2.03% return

If you compare the increase in value of investment property in Moonee Ponds, 3039 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.11%.

A 9.45% growth in median value for property investors in Moonee Ponds,3039 puts this suburb at number 99th in terms of best performing suburbs in VIC

Property buyers and investors in Moonee Ponds 3039 should be seeing an average reduction in asking price of around -3.89% . This means that Moonee Ponds is holding prices well when compared to other suburbs in VIC.

Moonee Ponds is 175th on a list of best yielding suburbs for rents in VIC with a 3.69% return

Metrics i HOUSE UNIT
$1,407,500 $550,000
3.49% 4.76%
8.27% 11.11%
6.30% 1.60%
$550 $390
123 154
2.03% 3.69%
91.7777777777778 85.7415730337079

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 13531
Median household income ($/weekly) 1608
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1405 10.4
    25-34 years 2292 16.9
    35-44 years 2208 16.3
    45-54 years 1870 13.8
    55-64 years 1406 10.4
    Others 4350 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 4809 46.9
    Not Married 4502 43.9
    Defacto Relationship 953 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9463 73.5
    Indonesia 347 2.7
    Japan 733 5.7
    United Kingdom 393 3.1
    Other 454 3.5
    Others 1486 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 195 1.6
    Christianity 8667 69.4
    Hinduism 296 2.4
    Islam 164 1.3
    No Religion 3067 24.5
    Others 107 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 370 7.8
    $1,500-$1,999 557 11.8
    $2,000-$2,499 474 10.0
    $2,500-$2,999 536 11.3
    $3,000-$3,499 386 8.2
    Others 2400 50.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4712 44.4
    Not in the labour force 3177 29.9
    Employed, worked part-time 2073 19.5
    Employed, away from work 388 3.7
    Unemployed, looking for work 272 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1146 16.0
    Professionals 2272 31.7
    Technicians & trades workers 669 9.3
    Clerical & administrative workers 1163 16.2
    Sales 672 9.4
    Others 1250 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 234 7.6
    Infants/Primary 946 30.8
    Secondary 718 23.4
    Technical or Further Educational Institution 260 8.5
    University or other Tertiary Institutions 820 26.7
    Others 93 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8946 70.9
    Flat, unit or apartment 2085 16.5
    Semi-detached, row or terrace house, townhouse 1548 12.3
    House or flat attached to a shop, office 44 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1790 34.8
    Rented 1710 33.2
    Being purchased 1605 31.2
    Other tenure type 41 0.8
    Tenure Type
Census 2011, ABS
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