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Mooroopna

Suburb Profile

Mooroopna - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3629

house
unit

Property investors have seen a 4.26% gain in MOOROOPNA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MOOROOPNA, 3629 saw average growth in the long term.

The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $245,000

Profits averaged 3.79% per annum over a 3-year period, due to an upward trend in home prices in MOOROOPNA, 3629.

This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

The gross rental yield in MOOROOPNA, 3629 is 6.37%.

An average of 8.83 real estate transactions take place per month in MOOROOPNA which translates to 106 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $245,000 $175,000
GROWTH REPORT
Median Quarterly 4.26% 2.04%
Median 12 month 7.46% 8.02%
Median 3 years 11.36% 6.71%
Median 5 years 12.64% 19.05%
10 years average annual 2.05% 0.83%
Weekly media advert. rent $300 $225
Time on Market 86.2 days 87.5 days
Gross Rental Yield Percent 6.37% 6.69%
demographics (median values)
Total Population
7203
Weekly Household Income
781.6
Household Size
2.40
demographics
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