Suburb Profile Report for Moonee Ponds VIC (3039)

Moonee Ponds House: Median price $1,219,000, Annual capital growth 6.78%, Number of sales 168, Weekly median advertised rent $550

Moonee Ponds Unit: Median price $476,250, Annual capital growth 2.29%, Number of sales 108, Weekly median advertised rent $390

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

Moonee Ponds, 3039 ranked 292th in VIC when comparing growth in median property values or capital gain over the last 12 months. Moonee Ponds is one of 2098 in our list for VIC

Over the longer term, Moonee Ponds has seen property prices show investors a 28.32% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Moonee Ponds is offering property investors an average of -6.01. This rate of discount on properties puts Suburb at number 634th in terms of most discounted suburbs in VIC

In the last year 168 properties changed hands in Moonee Ponds, which puts it as the 146th most active market in VIC when comparing the number of sales per suburb.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.35%, without taking into account capital value appreciation, which has been averaging out at 6.78%.

Property value increases in Moonee Ponds have tracked just lower than the VIC average of 4.59% over the last 12 months.

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

Property buyers and investors in Moonee Ponds 3039 should be seeing an average reduction in asking price of around -5.07% . This means that Moonee Ponds is holding prices well when compared to other suburbs in VIC.

Metrics i HOUSE UNIT
$1,219,000 $476,250
-1.69% -5.69%
9.20% 1.11%
6.78% 2.29%
$550 $390
168 108
2.35% 4.26%
76.12 123.13

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (H), Good (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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