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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

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