SOLD
Sold on 01 Jul 2024 for $319,000

1C/999 Nepean Highway
Moorabbin VIC 3189

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 7562m2
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Property Details for 1c/999 Nepean Hwy, Moorabbin

Building Type
Commercial
Land Size
7562m2
Local Government
Kingston
Lot/Plan
12/PS531995

Property History for 1c/999 Nepean Hwy, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$319,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $319,000
  • 02 Dec 2011
    Sold for $375,000
  • 18 Sep 2006
    Sold for $412,500

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About Moorabbin 3189

The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2011 was 5,282 people. By 2016 the population was 5,897 showing a population growth of 11.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation. In 2011, 74.3% of the homes in Moorabbin were owner-occupied compared with 68.8% in 2016.

Moorabbin has 5,527 properties. Over the last 5 years, Houses in Moorabbin have seen a 16.42% increase in median value, while Units have seen a 13.57% increase. As at 31 October 2024:

  • The median value for Houses in Moorabbin is $1,232,499 while the median value for Units is $751,861.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 14 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 212 properties were sold in the past 12 months in Moorabbin.

Suburb Insights for Moorabbin 3189

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.