Thinking about buying in Moonee Valley? Now could not be a better time, with 9090 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,423,000 with prices in this suburb ranging from $240,000 to $8,946,000. Moonee Valley is located fairly close to the coast at just 2Km 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 | $392.09 |
Median Monthly Mortgage | $2408.61 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 2.26 |
Average Age | 37.57 |
Average Income | $1087.04 |
Average Cars Per Dwelling | 1.39 |
Average Properties Within 50M | 38 |
1 Bed  $633,000 |
2 Bed  $1,010,000 |
3 Bed  $1,726,000 |
4 Bed  $2,376,000 |
5 Bed  $2,655,000 |
6 Bed+$2,716,000 |
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. The high percentage of professional people in Moonee Valley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Moonee Valley requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Ascot Vale West Primary School
Ascot Vale Primary School
Ascot Vale Special School
St Mary's School
Flemington Primary School
Mount Alexander 7-12 College
Moonee Ponds West Primary School
St Brendan's School
Parkville College
Kensington Community High School
(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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