Is Moonee Ponds a good suburb?

Is Moonee Ponds a good suburb?

Moonee Ponds is a great suburb to live, less than 10km from Melbourne’s CBD. It also has excellent restaurants and cafes.

What is Moonee Ponds famous for?

The Moonee Valley Racecourse is one of Melbourne’s four horse racing tracks. Moonee Ponds Central Shopping Centre has many stores including Kmart, Aldi, The Coffee Club, Man to Man, EB Games, Smiggle and Moonee Ponds Sewing. Moonee Ponds is also home to many restaurants.

Where does Moonee Ponds Creek end?

A quick tour of the Moonee Ponds Creek Catchment from the farmland of Yuroke, through Woodlands Historic Park, past Melbourne Airport and the Greenvale Reservoir, before making its way through the suburbs and ending at the Bolte Bridge where it flows into the Yarra River.

Is Moonee Ponds expensive?

With a median unit price of $567,000, Moonee Ponds is lower than Victoria’s median unit price of $590,000. When it comes to renting, the Moonee Ponds median unit rental price per week is $380 which makes renting less expensive than Victoria’s average of $385.

Can you drink alcohol in Queens Park Moonee Ponds?

There is a caf with serves coffee and tasty vegan treats on the west side of the park and you’re allowed to consume alcohol in the area between 12noon and 9pm, which makes it a convenient location for adult catch ups too.

Why is it called Moonee Ponds?

Name. The name comes from the Moonee Ponds Creek, expressed as the ‘Mone Mone Creek’ in an instruction given in 1837 by the government surveyor, Robert Hoddle, for a survey of the area. The creek was a chain of ponds in dry seasons.

How long is Moonee Ponds Creek Trail?

25 km
The Moonee Ponds Creek Trail is 25 km long. It meets the Broadmeadows Valley Trail and the Western Ring Road Trail in the north. It meets the Capital City Trail in the south.

Is Moonee Ponds a good investment?

If you are looking for an investment property, consider houses in Moonee Ponds rent out for $560 PW with an annual rental yield of 1.9% and units rent for $380 PW with a rental yield of 3.5%. Based on five years of sales, Moonee Ponds has seen a compound growth rate of 6.5% for houses and 0.7% for units.

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