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Moorebank Suburb Insights
VICLocation Information
Suburb Name
Moorebank, VIC
Distance from CBD
16.4 kmDemographics
Population
9,747
Median Income
$38,792
Area Information
Area
12.52 km²
Population Density
779 people/km²
Property Market
Median Price
$1,066,840
Annual Growth
+17.9%Property Price Trend Analysis
Current Median Price
$1,066,840
Annual Growth
+17.9%
Quarterly Growth
+3.2%
Price Trends - Last 6 Months
2024-01
$920,703
+6.7%2024-02
$815,734
+6.6%2024-03
$591,813
+8.7%2024-04
$721,669
+11.8%2024-05
$405,599
+10.3%2024-06
$610,980
+8.4%Property Type Price Analysis
House
Median Price
$1,708,828
Growth Rate
+11.9%Available Listings
202 properties
Apartment
Median Price
$644,534
Growth Rate
+6.5%Available Listings
912 properties
Townhouse
Median Price
$669,562
Growth Rate
+7.6%Available Listings
64 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy