Fraud Blocker

Moorabbin, VIC 3189

Home » VIC Real Estate Data » Kingston City, VIC » Moorabbin, VIC 3189

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Moorabbin, VIC 3189 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Moorabbin, VIC 3189”

  1. The total adult population (15 years or older) of Moorabbin 3189 VIC is 5,121, with a median age of 39. Of those, 48.04% are married, 11.97% are divorced or separated, 35.19% are single and 4.96% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $10,012. The median monthly mortgage repayment for households in this suburb is $2,300 which is 22.97% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of MOORABBIN, postcoded 3189, is situated in the state of Victoria, Australia and is home to a total of approximately 5256 households. By the third quarter of 2023, the typical house price in MOORABBIN had grown to an impressive AUD $1,237,821, while median weekly rents had settled at $599. This combination of factors translates into an indicative yield of 2.52%, meeting the requirements of yield-focused property investors.

    The IRSAD score for MOORABBIN stands at 1068 out of a possible 1217, a score that indicates a favourable socio-economic climate characterised by reasonable access to economic resources, a degree of wealth, and a healthy proportion of professionals among residents. Another encouraging factor is the suburb’s renter to owner ratio, situated at a stable 28%, which is well below the riskier threshold of 45%. This suggests a higher ratio of homeowners to renters, implying a greater sense of community in the area.

    Further buoying the appeal of MOORABBIN’s property investment climate is the relatively low units to houses ratio of 27%. This figure falls into the favourable range of 50% or lower, meaning the risk of oversupply due to an excess of units, typically resulting in a glut of rentals on the market, is considerably reduced.

    However, potential investors should note the suburb’s affordability index for houses—currently standing at 48 years. This highlights a longer time required for full home ownership, signifying less affordability in the area—an aspect that could deter some prospective buyers.

    When it comes to supply, MOORABBIN is demonstrating favourable conditions with a low stock on market Percentage of just 0.16% for houses and a lean inventory level of 0.81 months, suggesting a market that can readily absorb new listing supply. Adding to this appeal, the building approvals Ratio for houses in the suburb is just 0.35%, indicating a controlled introduction of new properties to the market, which is poised to stave off oversupply.

    Reflecting favourable demand dynamics, the average number of days on market for houses in MOORABBIN is a speedy 21, suggesting high demand. The suburb’s Vacancy Rate—a combined figure for houses and units—is a mere 0.53%, pointing to an accommodating rental market that’s appealing to investors keen on high occupancy rates. Meanwhile, the buy search index sits at a comfortable 5, showing that the MOORABBIN house market remains on par with state-wide demand.

    Overall, whilst MOORABBIN 3189 reveals a mixed bag of property metrics, the suburb’s favourable supply and demand conditions coupled with stable socio-economic character underscore its potential merit as an investment location in the Australian property market. As always, employing a tool such as HtAG Analytics’ Relative Composite Score (RCS) for a detailed, automated analysis of the current market conditions is a wise move. This comments on over 80 property market metrics, streamlining your real estate investment research process.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment