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Moorabool Shire, VIC

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The Shire of Moorabool is a local government area in Western Victoria. The LGA’s property market is made up of a mix of rural and suburban areas. The market is relatively stable, with prices increasing steadily over time and is ideal for those looking for a suburban or rural property, as there is a wide variety of options to choose from.

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The Moorabool Shire, Victoria economy is based on agriculture, mining, and tourism. The shire is home to a variety of agricultural businesses, including wineries, dairy farms, and vegetable growers. Technicians and trades workers account for 16.5 % of employment in Moorabool, followed by professionals at 15.9 %, clerical and administrative workers at 14.1 %, managers at 12.7 %, and community and personal service workers at 11.0 %.

Moorabool’s typical weekly personal income for residents aged 15 years and over is $635.

The typical real estate is farmland, with some small towns and villages. In Moorabool, 91.1 % of occupied private residences are detached houses, 6.6 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 1.2 % are flats or apartments, and 0.6 % are other dwellings.

If you are looking to invest in property in Moorabool Shire, Victoria, there are a few things you should keep in mind. Firstly, make sure you do your research and find an area that is growing or has potential for growth. Secondly, be sure to have a solid financial plan in place and be prepared to invest for the long term. And finally, always cross-check the real estate data before making an investment decision.

Use the interactive dashboard below to assess the Moorabool suburbs for property investment.

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Suburb Heatmap Analysis

Property Market Snapshot

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

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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Property Market in Moorabool Shire, VIC

What other property markets are there near Moorabool Shire, VIC?

Moorabool Shire is surrounded by 5 other council areas – Golden Plains, Greater Geelong, Hepburn, Melton, Wyndham.

How many people live in Moorabool Shire, VIC?

There are approximately 32000 people living in roughly 13000 dwellings in total, with an average household size of 2.6.

What are current and planned infrastructure projects in Moorabool Shire, VIC?

Notable infrastructure projects include Western Victoria Transmission Network Project, AusNet Services, West Gate Tunnel Project, Wind Farms, Bacchus Marsh Eastern Link Road project, Quarries.

What major retailers are there in Moorabool Shire, VIC?

The main retail centres are The Village Shopping Centre, The Reject Shop, Alfred Square, Woodgrove Shopping Centre.

What is the main industry in Moorabool Shire, VIC?

Such sectors as Construction, Health Care and Social Assistance, Education and Training, Retail Trade make up the largest part of the employment.

What are the dominant demographic groups in Moorabool Shire, VIC?

Among approximately 32000 people in Moorabool Shire males and females make roughly 50% of each group. The median age of people is 40 years. Children aged 0-14 years account for approximately 20% of the population, and those aged 65+ years account for 15%.

How is unemployment rate trending in Moorabool Shire, VIC?

Among approximately 16000 people employed, roughly 59% work full-time, 31% work part-time, and an estimated 6% are unemployed.

Suburbs/localities in this Local Government Area: Glen Park 3352, Glenmore 3340, Gordon 3345, Ballan 3342, Greendale 3341, Balliang 3340, Balliang East 3340, Hopetoun Park 3340, Ingliston 3342, Korobeit 3341, Korweinguboora 3461, Barkstead 3364, Lal Lal 3352, Leigh Creek 3352, Lerderderg 3458, Long Forest 3340, Barrys Reef 3458, Maddingley 3340, Merrimu 3340, Millbrook 3352, Mount Doran 3334, Mount Egerton 3352, Mount Wallace 3342, Myrniong 3341, Navigators 3352, Parwan 3340, Pentland Hills 3341, Pootilla 3352, Beremboke 3342, Rowsley 3340, Scotsburn 3352, Spargo Creek 3461, Springbank 3352, Blackwood 3458, Trentham 3458, Blakeville 3342, Wallace 3352, Warrenheip 3352, Bolwarrah 3352, Yendon 3352, Bullarook 3352, Bullarto South 3461, Bunding 3342, Bungal 3334, Bungaree 3352, Buninyong 3357, Cargerie 3334, Clarendon 3352, Claretown 3352, Clarkes Hill 3352, Coimadai 3340, Colbrook 3342, Dales Creek 3341, Darley 3340, Dunnstown 3352, Elaine 3334, Fiskville 3342, Bacchus Marsh 3340

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