Thinking about buying in Moorooduc? Now could not be a better time, with 600 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,013,000 with prices in this suburb ranging from $823,000 to $15,372,000. Moorooduc is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Moorooduc Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Moorooduc driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Moorooduc are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Moorooduc 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 Moorooduc 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 Moorooduc 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 Moorooduc a better buying opportunity than it may have been in the past.

Properties for sale Moorooduc

	11 binnak way, moorooduc, vic, 3933	5	3	6	$4,400,000 - $4,800,000
	80 loders rd, moorooduc, vic, 3933	4	2	2	$2,100,000 - $2,300,000

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General Points of Interest

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