Question 1

Is Moorabbin a nice place to live?

Accepted Answer

Moorabbin sits in Melbourne's south-eastern suburbs and is defined by Moorabbin Airport alongside a broad light industrial and commercial precinct, giving the area a practical, working character beside quieter residential pockets. Tree-lined streets are dominated by post-war brick homes, with an increasing number of townhouses and low-rise apartments near the station and local shopping strips. The suburb suits families, tradespeople and aviation businesses, and offers parks, sporting grounds, neighbourhood cafes and schools. Regular train services and good arterial road links make Moorabbin a convenient base for commuting across the south east while keeping a less frenetic feel than nearby bayside suburbs.

Moorabbin is a community of 6,287 people, with a median age of 39 and a typical household income of $2,031 a week, roughly $105,600 a year.

Families are prominent here: couple families with children are the largest group at 48.9%, and together with couple families without children (34.2%) they account for about 83.1% of families. One-parent families make up 15.2% and other families 1.7%.

Homes in Moorabbin are largely owner-occupied, with 30.6% owned outright and 39.7% owned with a mortgage, giving an owner-occupier share of 70.3%; 29.7% of dwellings are rented.

Question 2

Is it expensive to live in Moorabbin?

Accepted Answer

Buying in Moorabbin 3189 sits notably above local incomes at the last Census. The median house price of $1,237,500 works out to about 11.7 times a typical local annual household income at the last Census, while the median unit price of $610,000 is about 5.8 times that annual income. On these figures, buying a house is well above what a typical local household earned at the last Census, and units sit somewhat above local incomes.

Renting still takes a sizeable share of a typical local household's weekly income at the last Census. With a median household weekly income of $2,031 at the last Census, house rent at $850 a week is about 42% of that weekly income and unit rent at $650 a week is about 32%. If you are renting rather than buying, the unit market looks less stretched against local incomes than houses. Whether that feels expensive depends on your own income and circumstances.

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 Moorabbin a good place to invest?

Accepted Answer

Over the past 12 months Moorabbin shows a split between values and rents. Median house values rose a solid 6.6% while unit values edged up only 0.1%. Rents increased strongly, with house rents up 13.3% and unit rents up 18.2%.

If rental income is your priority, the rent figures are the ones to watch: rental growth outpaced capital growth for both houses and units this year, and it was especially pronounced for units. Whether that balance of price and rent movement makes Moorabbin a suitable investment for you depends on your personal goals and 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	$1.24M	$610K
Change in value Past 12 months	6.6%	0.1%
Sold Past 3 months	21	12
Median days on market Past 12 months	45	60
Average rent Past 12 months	$850	$650
Change in rent Past 12 months	13.3%	18.2%

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