Moe

MOE, VIC 3825 is a vibrant suburb with a population of 9375 residents. The demographic profile skews towards young adults and middle-aged individuals. The suburb offers a range of commuting options, with a notable percentage of residents working from home. The educational advantage of students in government schools is at the 8.75th percentile. The median household income is $902 per week, and there is a diverse range of occupations among residents, with Managers, Professionals, and Technicians and Tradeworkers being the top three occupations. Residents enjoy a mix of commuting modes, with a significant portion opting for motor vehicles. For houses in MOE, VIC 3825, there is a high market absorption rate, indicating strong demand and potential for price growth. The suburb presents opportunities for investors interested in rental income, given the low vacancy rate and room demand-supply ratio. With a median growth of 18.9%, houses have shown strong appreciation over time. For units, the market absorption rate is even higher, suggesting a robust demand, which could be appealing for investors seeking capital appreciation. The suburb's low discount median and moderate yield make it an interesting location for property developers or buyers looking for rental yield. MOE, VIC 3825 is a suburb with a growing population and a diverse demographic profile. It offers a range of housing options, with both houses and units showing strong investment potential. The suburb's proximity to educational facilities and infrastructure, combined with the high market absorption rate, make it an attractive choice for both home buyers and property investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022