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Moorabbin

POSTAL CODE: VIC, 3189
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,295,000.

The downward trend in home prices in MOORABBIN, 3189 averaged -2% per annum over a 3-year period.

Average weekly rents on listings have reached the $725 mark, reflecting a 2.91% increase in returns based on the current median price in MOORABBIN.

An average of 6.58 real estate transactions take place per month in MOORABBIN which translates to 79 per annum.

79 properties were sold in MOORABBIN in 2016, making it the 72nd most active market in VIC based on total real estate transactions.

MOORABBIN, 3189 places 380th in Australia based on median property value growth during the quarter.

Surburb overview

Moorabbin is an established suburb in Melbourne’s south-east, located about 15 kilometres from the Melbourne central business district.

The suburb spans the City of Kingston and the City of Glen Eira local government areas and is bordered by Bentleigh to the north, Hampton East to the west, Cheltenham to the south and Heatherton to the east.

Moorabbin is characterised by a mix of residential neighbourhoods, commercial precincts and a significant industrial area.

Census data indicates Moorabbin has a moderate and diverse population. The demographic profile includes families, professionals and older residents, with a median age close to the Melbourne average.

Housing stock is varied, with detached houses forming a large proportion, alongside townhouses and low-rise apartments, particularly near main roads and transport corridors.

Public transport access is a key feature of the suburb. Moorabbin railway station is on the Frankston line, providing direct services to Flinders Street Station with typical travel times of around 30 minutes.

Bus routes operate along South Road, Centre Road and Nepean Highway, linking Moorabbin with neighbouring suburbs, major shopping centres and employment areas.

Local amenities are spread across the suburb. Retail and service offerings are concentrated along Centre Road and South Road, including supermarkets, cafés, medical centres and specialty shops.

The Moorabbin industrial precinct supports a wide range of businesses, warehouses and trade services and is a significant local employment hub.

Educational facilities include primary schools within the suburb, while secondary schools and tertiary institutions are located in surrounding areas.

Recreational facilities are well distributed. Jack Edwards Reserve and other local parks provide sporting grounds, playgrounds and open space for community use.

Shared paths and nearby golf courses support walking, cycling and organised sport. The Port Phillip Bay foreshore and beaches are accessible within a short drive, adding to recreational options for residents.

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