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Moorebank Suburb Insights

VIC
Location Information

Suburb Name

Moorebank, VIC

Distance from CBD

16.4 km
Demographics

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