At number 729th in the list of Australian suburbs ordered by increase in median house value over the last year, Moorabbin, 3189 is in the top 20% with a property value increase of 16.84% recorded in median house prices.
If we look at median property appreciation over just the last three months, Moorabbin has given property investors a paper return of 3.64%. This puts Suburb as 262 on a list of fastest fasting appreciating suburbs in VIC
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 Moorabbin itself are offering an average vendor discount of -4.36% to real estate investors.
Moorabbin is 485th on a list of best yielding suburbs for rents in VIC with a 2.35% return
Moorabbin has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.29% to date .
Comparing Moorabbin,3189 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Moorabbin is giving property investors an average Vendor Discount of around -2.98%. This puts suburb at number 260th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Moorabbin the average time real estate has been on the market is 58.95 days.
The VIC suburb of Moorabbin, 3189 is in the Kingston local government area.