Suburb Profile Report for Moonee Ponds VIC (3039)

Moonee Ponds House: Median price $1,275,000, Annual capital growth 7.67%, Number of sales 158, Weekly median advertised rent $530

Moonee Ponds Unit: Median price $502,500, Annual capital growth 4.12%, Number of sales 130, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 11.69% which means that Moonee Ponds, 3039 has done well for property investors by showing a capital gain of 18.06% over the last year

Moonee Ponds,3039 was ranked 1424 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.00% offered to property buyers. Sellers in Moonee Ponds itself are offering an average vendor discount of -3.70% to real estate investors.

In the last year 158 properties changed hands in Moonee Ponds, which puts it as the 157th most active market in VIC when comparing the number of sales per suburb.

Over the last year, property investments in Moonee Ponds, 3039 have given investors a capital gain of 0.50%. This compares badly with the 7.87% for VIC as a whole.

Over the longer term, Moonee Ponds has seen property prices show investors a 8.06% return over the last 3 years. This is worse than over the last 12 months

Moonee Ponds, 3039 is offering VIC ‘s 111th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.

Often selling an investment property can take time, and in Moonee Ponds the average time real estate has been on the market is 70.1 days.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 4.12%, investors should hope to achieve an overall return of 3.93%

Metrics i HOUSE UNIT
$1,275,000 $502,500
2.00% 5.13%
18.06% 0.50%
7.67% 4.12%
$530 $380
158 130
2.16% 3.93%
53.36 70.1

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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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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Recent sales & rentals