Market Insights

19.03.2020

Moonee Ponds – A highly dense satellite city

  • Population of 107,292 within 3km radius^
  • Strong 4.6% annual growth within 500m radius^

ONE OF MELBOURNE’S BEST LOCATIONS

Moonee Ponds is only 6km from the Melbourne CBD with three public transport options all within close proximity to the retail and dining precinct. Take a train from Moonee Ponds Station, a tram along Mt Alexander Road or one of several bus lines from the major interchange.

By car, CityLink provides fast access to both the city and Melbourne Airport.

COVETED INNER CITY LIVING

By 2030 the Moonee Ponds activity centre zone is envisaged to be highly competitive with a strong reputation in property growth, service provision, the arts, cultural diversity, economic development, business support and recreational opportunities.

Activity centres are key strategic locations in Melbourne planned as vibrant, active and prosperous hubs where people will choose to live, work, invest, study and visit.

Though it is fuelled by the energy of the city and offers exceptional connectivity, Moonee Ponds is known for its relaxed and friendly community spirit. It offers sophisticated living on the edge of the city. Leafy streetscapes, landscaped parks and a striking mix of architecture make this suburb one of Melbourne’s most desirable addresses. Development activity has been limited and the charming period homes that dominate the neighbourhood are tightly held. Demand to be a part of Moonee Ponds has pushed median house prices to over $1,170,000* most recently.

URBAN VILLAGE

As well as the established Puckle Street shopping district, Moonee Ponds is only a short drive or tram ride from Highpoint Shopping Centre. With more than 500 stores, international brands and homemaker outlets, this is one of the largest shopping centres in Australia.

THE NEIGHBOURHOOD

Moonee Ponds offers an experience of the great outdoors with expansive parklands and picturesque walking trails around the Maribyrnong River.

Some of Melbourne’s finest primary and secondary schools are in the area and the number 59 tram runs straight to the University of Melbourne.

* Approx ^CBRE Research 2018

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