Suburb Profile

Suburb profile for,

Mooroolbark, VIC 3138

About Mooroolbark

Mooroolbark is a residential suburb in Victoria, sitting within the 3138 postcode.

Demographics and Community

Mooroolbark has a population of approximately 21,968, a median age of 36, a median weekly household income of $1,601.

Property Market Overview

The current median house price in Mooroolbark is $830,000. Average annual growth is -2.1%.

Properties in Mooroolbark spend an average of 22 days on market.

Rental Market

The median weekly rent for houses in Mooroolbark is $420. Gross rental yield is 3.30%, which is typical for a growth-oriented market.

Nearby Suburbs

Explore other suburb profiles in the area: Kilsyth, VIC, Croydon North, VIC, Croydon South, VIC, Croydon, VIC, Lilydale, VIC.

Considering Mooroolbark for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Mooroolbark or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Mooroolbark, VIC 3138

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
MOOROOLBARK
Postcode
3138
Median price for all dwellings
$830,000
Last 12 months growth return
Down -2.1%
Avg. dwellings for sale in the suburb every month
63
Avg. dwellings sold in the suburb in previous 12 months
284
Avg days on market for a dwelling listing to sell
22 days
Avg. number of people searching in this suburb every month
4740
Avg. rental yield per annum
3.30%
Weekly median rent for all dwellings
$420 per week
Median price for all houses
$830,000
Avg. rental yield growth in the previous 12 months
3.30%
Avg. days for a rental listing to find a tennant
18 days
Total suburb population in 2016
21968
Total suburb population change in 5 years up to 2016
6.20%
Avg. household income per week
$1,601
Median age of the population in the suburb
36
Historic avg annual growth return per annum in the suburb
3.64%