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