Moonee Ponds is a well-established suburb in Victoria within the Moonee Valley local government area (postcode 3039). With a population of 16,224, the suburb has an established demographic with a median age of 38. Households earn a median income of $110K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Moonee Ponds is $1.5 million, having dipped slightly 1.9% over the past year. Units have a median price of $565,000 (+13% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,167.
Moonee Ponds is served by 3 schools, including 3 primary. The average ICSEA score is 1137, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 87 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Moonee Ponds offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -1.9% year-on-year.
Moonee Ponds is a well-established suburb in Victoria within the Moonee Valley local government area (postcode 3039). With a population of 16,224, the suburb has an established demographic with a median age of 38. Households earn a median income of $110K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Moonee Ponds is $1.5 million, having dipped slightly 1.9% over the past year. Units have a median price of $565,000 (+13% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,167.
Moonee Ponds is served by 3 schools, including 3 primary. The average ICSEA score is 1137, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 87 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Moonee Ponds offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -1.9% year-on-year.