Thinking about buying in Moore Park? Now could not be a better time, with just 258 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,934,000 with prices in this suburb ranging from $2,529,000 to $3,968,000. Moore Park is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $706.67 |
Median Monthly Mortgage | $2312.33 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 2.00 |
Average Age | 44.67 |
Average Income | $1259.67 |
Average Cars Per Dwelling | 1.25 |
Average Properties Within 50M | 74 |
Consistent high demand relative to supply is a key feature in Moore Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Moore Park ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Moore Park 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. Medium density in Moore Park necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
SUITE 93, 38 DRIVER AV, MOORE PARK, NSW, 2021 | 4 | 2 | 2 | Under Contract |
Sydney Boys High School
Sydney Girls High School
Bourke Street Public School
Paddington Public School
St Francis of Assisi Regional Catholic Primary School
Oasis College Surry Hills
Crown Street Public School
Sydney Distance Education Primary School
Kensington Public School
Our Lady of the Rosary Catholic Primary School
(While the above schools are located with the suburb of Moore Park there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 20.3 | 27.6 | 52.4 | 85.5 | 0 | 23.2 |
Feb | 4.3 | 20.1 | 27.0 | 54.2 | 86.5 | 0 | 19.6 |
Mar | 6.5 | 18.9 | 25.9 | 54.5 | 87.3 | 0 | 15.9 |
Apr | 5.9 | 15.3 | 23.5 | 51.4 | 89.0 | 0 | 13.9 |
May | 2.6 | 12.3 | 21.2 | 47.5 | 84.4 | 0 | 11.4 |
Jun | 4.6 | 10.3 | 18.5 | 50.3 | 85.4 | 0 | 9.1 |
Jul | 2.6 | 9.0 | 18.2 | 43.7 | 82.1 | 0 | 10.4 |
Aug | 2.6 | 9.7 | 19.7 | 39.4 | 80.2 | 0 | 13.1 |
Sept | 1.4 | 12.5 | 22.4 | 37.0 | 80.2 | 0 | 17.8 |
Oct | 2.2 | 15.0 | 23.7 | 42.7 | 82.8 | 0 | 21.1 |
Nov | 3.4 | 17.1 | 25.3 | 49.2 | 85.2 | 0 | 23.4 |
Dec | 2.1 | 18.7 | 26.4 | 49.2 | 84.8 | 0 | 24.4 |
source: Australian Government Bureau of Meteorology
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