Thinking about buying in Moonta Bay? Now could not be a better time, with 2865 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $450,000 with prices in this suburb ranging from $58,000 to $1,758,000. Moonta Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Moonta Bay Real Estate Market Outlook

In Moonta Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Moonta Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Moonta Bay leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Moonta Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Moonta Bay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Moonta Bay a better buying opportunity than it may have been in the past.

Houses for sale Moonta Bay

	7 GILL ST, MOONTA BAY, SA, 5558	4	2	4	Expressions of Interest
	51 COAST RD, MOONTA BAY, SA, 5558	3	1	6	495000
	4A WESTSIDE AV, MOONTA BAY, SA, 5558	3	2	4	675000
	18 MOONTANA AV, MOONTA BAY, SA, 5558	5	2	5	1295000
	46 HIGHVIEW GR, MOONTA BAY, SA, 5558	4	2	5	830000
	123 NARANGGA TCE, MOONTA BAY, SA, 5558	3	1	4	520000
	37 HAYLOCK RD, MOONTA BAY, SA, 5558	4	1	3	489000

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