Moorabbin Rents Rise: Landlords See Better Yields, Tenants Face Higher Costs

Moorabbin’s median house price sits between $1.21M and $1.32M with 12-month growth ranging from -9.7% to +3.8% depending on the data source, while median unit prices range from $681k to $773k. Annual rental yields stand at 3.6% for houses and 4.6% for units, supported by median weekly rents of $850 for houses and $650 for units.

Rental Market Snapshot

These rental figures provide a steady income stream for landlords holding houses and units in the suburb. Units deliver the higher yield at 4.6% alongside stronger price growth of +26.1% to +27% over the past year. Houses show lower yields at 3.6% and weaker clearance rates of 51.9%, down 23.5%.

Conditions for Tenants and Landlords

Tenants face weekly payments of $650 for units and $850 for houses, amounts that reflect current market levels. Landlords receive these rents against the backdrop of auction clearance rates of 82.4% for units, up 64.7%, which signals firmer demand in that segment. The cooling house segment, with its lower clearance rate, may require owners to adjust expectations on both capital and rental performance.

Price Outlook and Market Balance

The five-year outlook points to moderate and steady capital growth driven by improved transport, location and lifestyle amenities. This setting keeps rental yields as a key factor for landlords weighing ongoing ownership costs while tenants continue to assess affordability against the listed median rents. Auction data further illustrates the split between house and unit segments without indicating sudden shifts.

Landlords and tenants will continue to monitor how these rental yields and clearance rates interact with the moderate price growth path in the coming periods.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.