With a capital gain of -5.36% for the last 12 months, Moonee Ponds, 3039 has performed for property investments than its average annual 6.62% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Moonee Ponds comes in at number 193th in VIC.
Moonee Ponds3039 is located in VIC which offers an average discount of -6.90% to property investors. Moonee Ponds itself is showing figures that indicate -6.89% is the average achievable by property buyers investing in the suburb.
Giving property investors a an unimpressive capital gain of -4.64% for the last year, Moonee Ponds, 3039 is the 934th highest performer in Australia in this respect.
A -1.61% growth in median value for property investors in Moonee Ponds,3039 puts this suburb at number 303th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Moonee Ponds is offering property investors an average of -6.31. This rate of discount on properties puts Suburb at number 152th in terms of most discounted suburbs in VIC
With the median price for a house in Moonee Ponds being $472250 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.62%