All About Moorabbin, Kingston (Vic.), VIC, 3189

The housing market in Moorabbin, located in the City of Kingston, Victoria, presents a dynamic and evolving landscape that mirrors broader trends seen across Melbourne's suburbs. As a suburb known for its family-friendly environment and accessibility, Moorabbin has experienced steady demand in recent years. The area offers a mix of housing options, from older, established homes to more modern townhouses and apartments, catering to a diverse demographic, including young professionals, families, and retirees. The median property prices in Moorabbin reflect its desirability, having seen appreciable growth, influenced by its proximity to the city center, good transport links, and the increasing scarcity of land in nearby suburbs. Buyers and investors are drawn to Moorabbin not only for its liveability but also for its potential for future capital growth, making it a keen focus within the Kingston area's real estate scene.

Living in Moorabbin offers a balanced lifestyle that appeals to various preferences. The suburb provides residents with a robust local infrastructure, including shopping precincts, cafes, and essential services, while the nearby beaches and recreational facilities such as parks and sports complexes enhance its appeal for outdoor enthusiasts. Transportation is notably convenient, with efficient public transport options, including train services from the Moorabbin railway station that connect seamlessly to Melbourne's CBD. Additionally, the community is characterized by its friendly atmosphere and diverse cultural happenings, which are supported by local community groups and events. Families appreciate the presence of quality educational institutions, ranging from childcare centers to secondary schools. Overall, Moorabbin's blend of convenience, community spirit, and lifestyle offerings make it an attractive suburb for those looking to enjoy the benefits of suburban living with easy access to urban amenities.

Moorabbin Real Estate Market Outlook

Thinking about buying in Moorabbin? Now could not be a better time, with 6435 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,340,000 with prices in this suburb ranging from $360,000 to $5,558,000. Moorabbin is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Moorabbin driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Moorabbin 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 Moorabbin 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 Moorabbin 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 Moorabbin 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 Moorabbin a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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