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Investment Property Moorabbin, VIC, 3189

Suburb Snapshot

Moorabbin is a suburb in the Kingston Region of Victoria. Moorabbin has a population of 5,894 people and 24.27% of its occupants live in rental accommodation. The median listing price for houses is $1,180,000 and this has changed -1.67% over the past year and changed -1.67% over 2 years.

The median rent in Moorabbin for houses is $680 per week and the median rental yield is 2.99%. Stock on the market for houses/townhouses has changed -20.00% compared to last year and the average time to sell a house/townhouse is 46 days.The median listing price for units is $645,000 and this has changed 7.50% over the past year. The average unit takes 125 days to sell and the median rent for a unit in Moorabbin is $520 per week, producing a rental yield of 4.19%.

Supply & Demand in Moorabbin, Kingston

1.00%

Current vacancy rate


32

Rental stock available


5,894

Population


24.27%

Rental population


0.73%

Current vacancy rate


518

Rental stock available


151,389

Population


22.80%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Moorabbin, Kingston

  House Townhouses Units
Median listing price $1,180,000 $1,000,000 $645,000
Median price change - last quarter -1.67% -6.30% 0.00%
Median price change - 1 year -1.67% -10.12% 7.50%
Median price change - 2 years -1.67% -16.67% 26.47%
  House Townhouses Units
Median weekly rent $680 $945 $520
Median yield % 2.99% 4.91% 4.19%
Median rent change - 1 year 8.80% 31.25% 5.05%
  House Units
Previous month sales 8 4
Stock on market previous month 20 37
Stock variance vs. last year -20.00% -11.90%
Average days on market 46 125

Moorabbin investment property listings

Showing 1 of 1 investment properties found in Moorabbin on realestateinvestar.com.au

281 Chesterville Rd, Moorabbin

$950,000

property pic

Exciting Potential and Great Options!

Unleash the pure potential on offer at this classic single-level home. Occupying approximately 597sqm of west-facing land, this is an exciting chance to roll up your renovator sleeves or bring visions and inspiration to craft something new. Set back from the road, the interiors are comfortable as ...

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VIC 3189


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