Mooroopna is a mid-sized suburb in Victoria within the Greater Shepparton local government area (postcode 3629). With a population of 8,312, the suburb has an established demographic with a median age of 43. Households earn a median income of $58K per year, with an average household size of 2.2 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mooroopna is $400,000, having grown strongly 6% over the past year. Units have a median price of $315,000 (+6.8% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,148.
Mooroopna is served by 4 schools, including 4 primary. The average ICSEA score is 918, which is below the national average of 1,000. Public transport access includes 1 rail station, 69 bus stops. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
From an investment perspective, Mooroopna offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($400K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +6.0% year-on-year.
Mooroopna is a mid-sized suburb in Victoria within the Greater Shepparton local government area (postcode 3629). With a population of 8,312, the suburb has an established demographic with a median age of 43. Households earn a median income of $58K per year, with an average household size of 2.2 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mooroopna is $400,000, having grown strongly 6% over the past year. Units have a median price of $315,000 (+6.8% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,148.
Mooroopna is served by 4 schools, including 4 primary. The average ICSEA score is 918, which is below the national average of 1,000. Public transport access includes 1 rail station, 69 bus stops. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
From an investment perspective, Mooroopna offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($400K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +6.0% year-on-year.