Suburb Profile Report for Moe VIC (3825)

Moe House: Median price $272,800, Annual capital growth 5.48%, Number of sales 197, Weekly median advertised rent $280

Moe Unit: Median price $139,000, Annual capital growth 1.43%, Number of sales 48, Weekly median advertised rent $210

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

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
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At number 609th in the list of Australian suburbs ordered by increase in median house value over the last year, Moe, 3825 is in the top 20% with a property value increase of 21.24% recorded in median house prices.

Over the longer term, Moe has seen property prices show investors a 49.89% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Moe should be aiming for at least -4.19% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 197 properties changed hands in Moe, which puts it as the 102th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Moe, 3825 is in the Latrobe (C) (Vic.) local government area.

At number 1494th in the list of Australian suburbs ordered by increase in median house value over the last year, Moe, 3825 is in the BOTTOM 10% with a property value increase of -8.55% recorded in median house prices.

Comparing Moe,3825 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Sellers are offering property buyers an average discount of -3.12% to buyers in Moe at the moment, which is less than average for the rest of VIC.

On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.

Situated 120.64km from the CBD, Moe is one of Latrobe (C) (Vic.) localities in the postcode 3825.

Information supplied by:




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Moe is located approximately 120km to the east of Melbourne, in the Latrobe Valley and Gippsland region. The region is home to a diverse and growing economy, with key industry sectors include power generation, paper manufacture, timber mills, agriculture, dairy, timber, IT, engineering and education.

The power generation industry in particular is expanding fast, with both coal-fired power stations and geothermal plants planned for the region.

“This region offers great potential for coming years, riddled with other strong investment options including Churchill and Morewell,” says PRD Nationwide research analyst Dan Halloran. “It is the affordability of Moe that will drive capital growth throughout the suburb in the coming years.”

He adds that having one of the state's strongest rental yields, Moe "is sure to result in the added benefit of continued capital appreciation in years to come.”

Metrics i HOUSE UNIT
$272,800 $139,000
5.13% -4.14%
21.24% -8.55%
5.48% 1.43%
$280 $210
197 48
5.34% 7.86%
44.7878787878788 84.6333333333334

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 8750
Median household income ($/weekly) 674
Median age of persons 42
Median housing loan repayment ($/monthly) 997
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 1041 11.9
    25-34 years 930 10.6
    35-44 years 972 11.1
    45-54 years 1224 14.0
    55-64 years 1278 14.6
    Others 3307 37.8
    Age Group
    Census Count Percent(%)
    Not Married 3342 51.1
    Registered Married 2581 39.5
    Defacto Relationship 614 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6915 83.6
    Netherlands 99 1.2
    New Zealand 134 1.6
    United Kingdom 447 5.4
    Other 173 2.1
    Others 503 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 0.6
    Christianity 5303 68.0
    Islam 15 0.2
    Other Religious Groups 43 0.6
    No Religion 2380 30.5
    Others 10 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 536 16.1
    $400-$599 607 18.2
    $600-$799 418 12.5
    $800-$999 309 9.3
    $1,000-$1,249 267 8.0
    Others 1195 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3347 49.7
    Employed, worked full-time 1674 24.9
    Employed, worked part-time 1058 15.7
    Unemployed, looking for work 405 6.0
    Employed, away from work 251 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 581 19.5
    Community & personal service workers 377 12.6
    Clerical & administrative workers 380 12.7
    Sales 335 11.2
    Labourers 440 14.7
    Others 871 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 114 6.7
    Infants/Primary 637 37.5
    Secondary 530 31.2
    Technical or Further Educational Institution 234 13.8
    University or other Tertiary Institutions 130 7.7
    Others 53 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6608 80.0
    Flat, unit or apartment 836 10.1
    Semi-detached, row or terrace house, townhouse 786 9.5
    Caravan, cabin, houseboat 28 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1349 37.1
    Rented 1268 34.9
    Being purchased 983 27.0
    Other tenure type 38 1.0
    Tenure Type
Census 2011, ABS
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