Moe is a medium-sized suburb in Victoria within the Latrobe (Vic.) local government area (postcode 3825). It is home to about 9,375 residents, with a settled, mature resident base and a median age of 46. Households earn a median income of $47K per year, with an average household size of 2 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Scottish.
Median house prices in Moe stand at $360,000, having eased back by 1.4% over the last twelve months. Units have a median price of $180,000 (-28.2% YoY). The current median weekly rent is $390. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,000.
Moe is served by 5 schools, including 4 primary, 1 special. The average ICSEA score is 900, which is below the national average of 1,000. Public transport access includes 5 rail stations, 56 bus stops. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
Looking at the investment signals, Moe shows a gross rental yield of approximately 5.6%, rated as high yield. Property prices sit below the state median ($360K/$875K), which can point to relative value. The price-to-income ratio of 7.7x is considered moderate. House prices have moved -1.4% year-on-year.