Question 1

Is Moonee Beach a nice place to live?

Accepted Answer

Moonee Beach sits beside a long sandy beach and a sheltered creek mouth, and life there centres on the shoreline and a compact village strip with shops and holiday accommodation. The area buzzes more at weekends and in warmer months, and outdoor pursuits such as surfing, swimming, rock fishing and coastal walks from the headland to the estuary shape everyday life. Housing ranges from older single-storey beach cottages to newer family homes and low-rise units, attracting families, sea-change buyers and retirees who value a quieter pace but easy access to the larger regional centre nearby.

About 2,176 people live in Moonee Beach and the median age is 41. The community is weighted towards couple families, who together make up 88.5% of families, and most homes are owner-occupied (80.8%). Local projects are active or planned: a proposed $1 million Moonee Community Hub and park is in planning and design, a funded replacement footbridge over Sugar Mill Creek is in design, and active-transport work includes the completed 1km Moonee Forest Cycleway and the Moonee to Sapphire bikeway with a construction contract awarded. Whether that mix suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Moonee Beach?

Accepted Answer

Rents in Moonee Beach are around $830 a week for houses and $650 a week for units. Against a typical local household's weekly income at the last Census ($1,875), a house rent would take about 44.3% of that income, a large share, while a unit rent would take about 34.7%, a sizeable share, so for renters those rent shares are the key numbers to consider.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Moonee Beach a good place to invest?

Accepted Answer

House values in Moonee Beach rose 13.5% over the past 12 months, a strong increase in what a house is worth. Over the same period, house rents increased 6.4%, a solid rise in the income those properties generate.

In other words, capital growth for houses has outpaced rental growth this year. Whether that balance suits your plans depends on your goals and personal circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	13.5%	N/A
Sold Past 3 months	7	1
Median days on market Past 12 months	98	N/A
Average rent Past 12 months	$830	$650
Change in rent Past 12 months	6.4%	N/A

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