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Mooroopna
AREA REPORTS

Mooroopna

Mooroopna - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3629

house
unit

Property investors have seen a 4.14% gain in MOOROOPNA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on MOOROOPNA, 3629 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 28.11%.

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 $339,500

Profits averaged 15.87% 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 $340 based on current median home prices for the suburb.

The gross rental yield in MOOROOPNA, 3629 is 5.21%.

An average of 14.5 real estate transactions take place per month in MOOROOPNA which translates to 174 per annum.

Data report can be found below

Mooroopna
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $339,500 $259,000
GROWTH REPORT
Median Quarterly 4.14% 3.6%
Median 12 month 28.11% 37.04%
Median 3 years 47.61% 60.37%
Median 5 years 57.91% 55.09%
10 years average annual 5.03% 4.16%
Weekly media advert. rent $340 $245
Time on Market 48.6 days 44.5 days
Gross Rental Yield Percent 5.21% 4.92%
demographics (median values)*
Total Population
9127
Weekly Household Income
1022
Household Size
2.30
Age
41
Monthly Loan Repayment
1200
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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