Thinking about buying in Moonee Valley? Now could not be a better time, with 813 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,642,000 with prices in this suburb ranging from $459,000 to $6,516,000. Moonee Valley is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $436.00 |
Median Monthly Mortgage | $2276.50 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 39.50 |
Average Income | $991.00 |
Average Cars Per Dwelling | 2.03 |
Average Properties Within 50M | 15 |
1 Bed  $1,878,000 |
2 Bed  $943,000 |
3 Bed  $1,740,000 |
4 Bed  $1,892,000 |
5 Bed  $2,624,000 |
6 Bed+$1,852,000 |
Consistent high demand relative to supply is a key feature in Moonee Valley driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Moonee Valley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Moonee Valley provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Moonee Valley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Moonee Valley we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Moonee Valley a better buying opportunity than it may have been in the past.
UNIT 4, 63 HAMPTON RD, ESSENDON WEST, VIC, 3040 | 4 | 2 | 1 | $740,000 - $795,000 |
St Bernard's College
Rosehill Secondary College
Aberfeldie Primary School
St John Bosco's School
St Margaret's Primary School
Our Lady of the Nativity School
Buckley Park College
Ave Maria College
Essendon Keilor College
Resurrection House
(While the above schools are located with the suburb of Moonee Valley there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15.0 | 27.7 | 39.0 | 86.3 | 5.3 | 24.8 |
Feb | 1.3 | 15.1 | 26.9 | 42.3 | 89.0 | 4.9 | 20.6 |
Mar | 1.2 | 13.7 | 24.8 | 43.5 | 88.7 | 4.6 | 16.0 |
Apr | 1.6 | 10.9 | 21.1 | 48.2 | 91.3 | 4.3 | 11.7 |
May | 1.4 | 8.6 | 17.1 | 56.6 | 92.2 | 4.7 | 8.5 |
Jun | 1.4 | 6.5 | 14.4 | 64.1 | 94.3 | 4.3 | 7.4 |
Jul | 1.2 | 6.5 | 14.0 | 61.6 | 92.9 | 5.2 | 7.7 |
Aug | 1.4 | 6.7 | 14.9 | 54.8 | 92.0 | 5.4 | 10.2 |
Sept | 1.7 | 8.1 | 17.9 | 47.7 | 90.7 | 5.4 | 14.4 |
Oct | 1.6 | 9.5 | 20.7 | 44.5 | 90.7 | 5.3 | 19.0 |
Nov | 2.3 | 11.5 | 23.1 | 43.9 | 90.3 | 5.1 | 21.4 |
Dec | 1.8 | 13.2 | 25.6 | 41.0 | 88.3 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
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