Thinking about buying in Mooney Mooney Creek? Now could not be a better time, with just 23 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $986,000 with prices in this suburb ranging from $795,000 to $1,810,000. Mooney Mooney Creek is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Mooney Mooney Creek Real Estate Market Outlook

In Mooney Mooney Creek 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mooney Mooney Creek due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Mooney Mooney Creek changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mooney Mooney Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Recently Sold Properties / House Prices

12-10-2022	$860,000	1 KAROOL RD
09-03-2022	$875,000	3 KAROOL RD
01-07-2021	$710,000	71 KAROOL RD
29-06-2018	$730,000	1 KAROOL RD
22-12-2015	$315,000	71 KAROOL RD
12-12-2014	$1,100,000	451 OLD PACIFIC HWY
16-09-2014	$910,000	271 OLD PACIFIC HWY
24-07-2013	$320,000	59 KAROOL RD
25-02-2013	$350,000	3 KAROOL RD
21-01-2013	$925,000	451 OLD PACIFIC HWY
14-09-2012	$375,000	453 OLD PACIFIC HWY
17-07-2009	$825,000	271 PACIFIC HWY
08-09-2008	$270,000	5 KAROOL RD

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Internet Speed

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Nearby Suburbs

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Public Transport

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General Points of Interest

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