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Moorabool
VIC, 3340

Thinking about buying in Moorabool? Now could not be a better time, with just 291 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,425,000 with prices in this suburb ranging from $737,000 to $3,285,000. The aproximate distance to the coast is 31 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Moorabool Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Moorabool driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Moorabool are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Moorabool classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Moorabool requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Moorabool 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 Moorabool a better buying opportunity than it may have been in the past.

Properties for sale Moorabool

Fletchers 28 thomas dr, hopetoun park, vic, 3340 Beds5 Bathrooms3 Parking 5 For Sale $2,100,000 - $2,300,000
Ray White 150 hopetoun park rd, hopetoun park, vic, 3340 Beds0 Bathrooms0 Parking 0 2600000
Ray White 24 ruxton way, hopetoun park, vic, 3340 Beds0 Bathrooms0 Parking 0 1299000
Ray White 34 riverview dr, hopetoun park, vic, 3340 Beds0 Bathrooms0 Parking 0 1500000

Local Schools

(While the above schools are located with the suburb of Moorabool there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Moorabool weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.31526.941.686.25.025.2
Feb0.915.126.244.188.24.820.5
Mar0.913.423.945.489.14.516.0
Apr1.310.620.84991.84.111.9
May1.28.217.355.891.94.38.8
Jun1.26.114.662.594.54.07.4
Jul1.06.214.359.092.24.87.8
Aug1.26.315.15391.55.010.4
Sept1.47.618.246.190.25.214.8
Oct1.58.920.146.291.34.919.2
Nov2.211.422.644.690.34.922.4
Dec1.312.824.742.387.95.025.7

source: Australian Government Bureau of Meteorology


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Nearby Suburbs

Hopetoun ParkMelton WestLong ForestMerrimuBacchus MarshExfordParwanHarknessMelton SouthWeir Views

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General Points of Interest

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