Thinking about buying in Moorabool? Now could not be a better time, with just 291 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,425,000 with prices in this suburb ranging from $737,000 to $3,285,000. The aproximate distance to the coast is 31 Km.
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Consistent high demand relative to supply is a key feature in Moorabool driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Moorabool are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Moorabool 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 Moorabool 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 Moorabool 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 Moorabool a better buying opportunity than it may have been in the past.
28 THOMAS DR, HOPETOUN PARK, VIC, 3340 | 5 | 3 | 5 | For Sale $2,100,000 - $2,300,000 | |
150 HOPETOUN PARK RD, HOPETOUN PARK, VIC, 3340 | 0 | 0 | 0 | 2900000 |
Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15 | 26.9 | 41.6 | 86.2 | 5.0 | 25.2 |
Feb | 0.9 | 15.1 | 26.2 | 44.1 | 88.2 | 4.8 | 20.5 |
Mar | 0.9 | 13.4 | 23.9 | 45.4 | 89.1 | 4.5 | 16.0 |
Apr | 1.3 | 10.6 | 20.8 | 49 | 91.8 | 4.1 | 11.9 |
May | 1.2 | 8.2 | 17.3 | 55.8 | 91.9 | 4.3 | 8.8 |
Jun | 1.2 | 6.1 | 14.6 | 62.5 | 94.5 | 4.0 | 7.4 |
Jul | 1.0 | 6.2 | 14.3 | 59.0 | 92.2 | 4.8 | 7.8 |
Aug | 1.2 | 6.3 | 15.1 | 53 | 91.5 | 5.0 | 10.4 |
Sept | 1.4 | 7.6 | 18.2 | 46.1 | 90.2 | 5.2 | 14.8 |
Oct | 1.5 | 8.9 | 20.1 | 46.2 | 91.3 | 4.9 | 19.2 |
Nov | 2.2 | 11.4 | 22.6 | 44.6 | 90.3 | 4.9 | 22.4 |
Dec | 1.3 | 12.8 | 24.7 | 42.3 | 87.9 | 5.0 | 25.7 |
source: Australian Government Bureau of Meteorology
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