Mooroolbark VIC Property Investment

Yarra Ranges · 3138 · Score: 65/100 · Buy

Median House Price
$866K
Rental Yield
3.8%
Vacancy Rate
2.2%
Median Weekly Rent
$640/wk
Median Unit Price
$770K
Population
23,059
Days on Market
20 days
Annual Growth
4.7%
AI Investment Analysis

Mooroolbark VIC Investment Brief

BUY3.8% gross yield on a $866,000 median.

THE MARKET

Mooroolbark has compounded at 5.4%/yr over 5 years — a house that cost $665,756 in 2021 is worth $866,000 today. Properties are sitting on market for 20 days (sellers have the leverage). At the same growth rate, today's median reaches $1,126,473 by 2031.

  • Median house: $866,000 | Units: $770,000
  • Gross yield: 3.8% | Net yield: 2.3%
  • 5yr price CAGR: 5.4%/yr | 3yr forecast: 13.5%/yr
  • Population: 23,059 | Owner-occupier rate: 78% | Affluence: High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 2.2% (improving) | Rental demand: High
  • Median weekly rent: $640/wk | Days on market: 20 (improving)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • Angliss Hospital Expansion (Under Delivery)
  • Transport: Standard suburban transport access

BULL CASE

If Mooroolbark maintains 3%+ annual growth and vacancy stays below 1.5%, median prices could reach $995,900 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Mooroolbark pull back 10-15% from $866,000, with vacancy rising to 4.0% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Noble Park (VIC): $802,000 median, 3.6% yield, 6.5% 1yr growth
  • St Albans (VIC): $718,000 median, 3.6% yield, 12.4% 1yr growth
  • Weir Views (VIC): $633,267 median, 3.8% yield, 8.7% 1yr growth

THE PLAY

Mooroolbark presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.8% and prioritise properties with value-add potential. Consider timing entry around the current stable phase of the market cycle.

  • Entry range: $779,400$952,600
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.5/10
Middle-tier SEIFA — moderate gentrification pressure
Moderate capital growth (5.4% CAGR)
Outer suburban location (32.5km to CBD) — slower gentrification cycle
Active development pipeline (3117 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
5.3%
p.a.
2yr Forecast
4.9%
p.a.
5yr Forecast
4.3%
p.a.

Basis: 5yr CAGR 5.4% + 10yr CAGR 5.8%

Growth drivers
  • +Low rental vacancy (2.2%) — constrained supply
  • +Active market (20 days avg)
Headwinds
  • High supply pipeline (3117 new approvals) — may cap price growth

Suburb Metric Thresholds

4 green10 yellow2 red
Rental Vacancy Rate
2.2 high impact
Days on Market
20 high impact
Weekly Rent (house)
640 medium impact
5yr Price CAGR
5.43 high impact
10yr Price CAGR
5.81 high impact
1yr Price Growth
4.66 medium impact
Population Growth
0.98 high impact
Median Household Income
1994 medium impact
Unemployment Rate
4 medium impact
Public Transport Score
5.5 medium impact
School Zone Quality
6 medium impact
Distance to CBD
32.51 medium impact
SEIFA Advantage/Disadvantage
6 medium impact
Owner Occupier Rate
78 medium impact
Gross Rental Yield (%)
3.84 high impact
Net Rental Yield (%)
2.34 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

547

2020

711

2021

643

2022

414

2023

802

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3138

Most disadvantagedLeast disadvantaged

Decile 7 of 10 — Average

Population

23,059

Education (IEO)

6/10

Econ. Resources (IER)

8/10

10-Year Investment Projection

Modelled on Mooroolbark VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $640/wk median rent for Mooroolbark. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Mooroolbark East Primary School
PrimaryGovernment
6.2/10
Yarra Hills Secondary College
SecondaryGovernment
5.7/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.