Moggs Creek

Moggs Creek, VIC 3231 is a small coastal suburb with a population of 120 residents. The age demographic is diverse, with a significant number of residents aged between 45 to 64 years. The median household income weekly is relatively high, indicating a financially stable community. The suburb offers a mix of occupations, with professionals and technicians/tradeworkers being the top three categories. The commute to work is predominantly by motor vehicle, with a notable percentage working from home. For house investors, Moggs Creek presents a niche market with a limited number of properties. The suburb has a high median sale price, a wide sale price range, and a substantial sale price IQR ratio, indicating opportunities for renovators. With a median growth rate on the decline and a moderate vacancy rate, investors should carefully consider the potential for capital appreciation. The market absorption rate is below 15%, suggesting a buyer's market. For rental investors, the rental yield median is moderate, and the vacancy rate should be monitored closely. Moggs Creek, VIC 3231 offers a coastal lifestyle with a small population and high median household income. The suburb attracts a mix of professionals and technicians/tradeworkers, with a considerable percentage working from home. For property investors, the house market provides opportunities for renovation projects, but careful consideration of market trends is advised due to the declining growth rates and vacancy rate. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022