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Moorngag, VIC 3673

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$860,000

list-price estimate

Median Unit

$165,000

Gross Yield (units)

6.3%

1yr Growth

-

Investment snapshot for Moorngag

Moorngag has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

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Moorngag market and investor summary

Moorngag sits in VIC, postcode 3673. At 3.1% vacancy, it is a softer rental market with more choice for tenants.

Houses also take time to sell, around 106 days on market, so plan for a slower exit if you ever need one.

Living in Moorngag: people, income and schools

Moorngag is home to around 75 people, a number that has held fairly steady over five years. At a median age of 55, it reads as an older, established demographic, and 100% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $85,000 a year (about $1,630 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Population
75
+1% over 5yr
Median age
55 years
Median household income
$85,000/yr
Households renting
9%
Family households
77%
Socio-economic rank
7/10
ABS advantage index
Unemployment
3.1%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Moorngag

No properties currently listed in Moorngag

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Frequently asked questions about Moorngag

What should I check before investing in Moorngag?

Moorngag has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 6.3%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Moorngag?

The median property price in Moorngag, VIC 3673 is $165K for units.

What rental yield does Moorngag show?

The gross rental yield in Moorngag is 6.3% 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 Moorngag?

The current vacancy rate in Moorngag is 3.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Moorngag?

Moorngag has a population of approximately 75 residents, with a median age of 55.

Is Moorngag's population growing?

The population of Moorngag has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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