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Moormbool West, VIC 3523
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$965,000
Median Unit
$955,000
Gross Yield (houses)
3.3%
1yr Growth
-
Investment snapshot for Moormbool West
Moormbool West has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Moormbool West market and investor summary
Moormbool West (VIC 3523) runs a median house price of $965K, with houses yielding a gross 3.3%. At 1.9% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. Houses also take time to sell, around 82 days on market, so plan for a slower exit if you ever need one.
Living in Moormbool West: people, income and schools
Moormbool West has a resident population of roughly 43, and the area has been growing steadily, up about 10% over five years. The median age is 53, an older, established demographic, and families account for 63% of households.
Households here earn a median of about $61,000 a year, or roughly $1,170 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 15.9 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
It is fairly car-dependent; the suburb scores 1 for walkability out of 100.
- Population
- 43
- +10% over 5yr
- Median age
- 53 years
- Median household income
- $61,000/yr
- Households renting
- 14%
- Family households
- 63%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 5.1%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Moormbool West
View all →Frequently asked questions about Moormbool West
What should I check before investing in Moormbool West?
Moormbool West has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Moormbool West?
The median property price in Moormbool West, VIC 3523 is $965K for houses and $955K for units.
What rental yield does Moormbool West show?
The gross rental yield in Moormbool West is 3.3% for houses and 2.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Moormbool West?
The current vacancy rate in Moormbool West is 1.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Moormbool West?
Moormbool West has a population of approximately 43 residents, with a median age of 53.
Is Moormbool West affordable to buy in?
A median house in Moormbool West costs about 15.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Moormbool West's population growing?
The population of Moormbool West has grown about 10% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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