Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Mooroolbark, VIC 3138
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$905,000
market range $825K-$1M
Median Unit
$690,000
market range $625K-$750K
Gross Yield (units)
4.4%
1yr Growth (houses)
+5.3%
market range +0.0% to +12.5%
Investment snapshot for Mooroolbark
Mooroolbark has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Mooroolbark verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Mooroolbark - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Mooroolbark market and investor summary
Mooroolbark (VIC 3138) runs a median house price of $905K. House prices have moved +5.3% over the past year and +10.6% over three years. At 1.0% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking.
Living in Mooroolbark: people, income and schools
Mooroolbark is home to around 23,059 people, a number that has held fairly steady over five years. The median age is 38, broadly working-age, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $104,000 a year, or roughly $1,990 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.7 times local household income, in line with much of metropolitan Australia. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
There are 46 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 31 km from the CBD. It is fairly car-dependent; the suburb scores 43 for walkability and 68 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 23,059
- +2% over 5yr
- Median age
- 38 years
- Median household income
- $104,000/yr
- Households renting
- 19%
- Family households
- 50%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 46
- avg ICSEA 995
- Unemployment
- 5.5%
- Distance to CBD
- 31 km
- Walk score
- 43/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mooroolbark
View all →Frequently asked questions about Mooroolbark
What should I check before investing in Mooroolbark?
Mooroolbark has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.4% gives a usable rent-to-price starting point. Capital growth of +5.3% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Mooroolbark?
The median property price in Mooroolbark, VIC 3138 is $905K for houses and $690K for units.
What rental yield does Mooroolbark show?
The gross rental yield in Mooroolbark is 4.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Mooroolbark?
House prices in Mooroolbark are up 5.3% over the past year and up 10.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Mooroolbark?
The current vacancy rate in Mooroolbark is 1.0%. 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 Mooroolbark?
Mooroolbark has a population of approximately 23,059 residents, with a median age of 38.
What schools are near Mooroolbark?
There are 46 schools within roughly 5km of Mooroolbark. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mooroolbark affordable to buy in?
A median house in Mooroolbark costs about 8.7 times the median local household income (broadly in line with metropolitan Australia). 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 Mooroolbark's population growing?
The population of Mooroolbark has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Mooroolbark from the CBD?
Mooroolbark is about 31 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API