This property is Off Market
With an average age of 59, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $270. The average family earns a weekly income of $1,220 with a typical household size of 2.2 and a 93.86% employment rate.
In Moonta Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Moonta Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Moonta Bay leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Moonta Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Moonta Bay 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 Moonta Bay a better buying opportunity than it may have been in the past.
(Country of Birth not stated 5%)
Moonta a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
27 / 100
44 / 100
10 / 100
34 / 100
15 / 100
37 / 100
50 / 100
62 / 100
12 / 100
33 / 100
Incidents Trend State Average
Wallaroo Primary SchoolWallaroo, SA, 5556 State R-7
Harvest Christian CollegeKadina, SA, 5554 Independent R-12
St Mary MacKillop SchoolWallaroo, SA, 5556 Independent R-7
Wallaroo Mines Primary SchoolKadina, SA, 5554 State R-7
Moonta Area SchoolMoonta, SA, 5558 State U, R-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.