711/40 Hall Street, Moonee Ponds VIC 3039
711/40 Hall Street, Moonee Ponds VIC 3039
compact newer apartment | amenity-rich complex | strong rental profile | walk to station and retail
This property stands out within Moonee Ponds for being part of a newer, amenity-rich complex that includes a pool, gym, and rooftop terrace—features rare among much of the suburb’s older unit stock. Its size (55–68 m²) is compact but efficiently planned, with stone benchtops, stainless appliances, and a private balcony. It is best suited to professional couples, downsizers, or investors seeking low-maintenance inner-urban living with secure parking and direct access to public transport and Puckle Street.
The published size range across listings is inconsistent, which may affect how value is perceived by different buyers. The property last sold seven years ago at a price higher than current expectations, suggesting market conditions have shifted. Rental estimates sit around $615–$645 per week, which may support a solid yield, but exact floor level and outlook are not confirmed—both of which can influence appeal and price in a larger complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 711/40 Hall Street, Moonee Ponds VIC 3039
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Moonee Ponds VIC 3039
Moonee Ponds is a premium, high-demand suburb with a demographic skew towards affluent, younger professionals, evidenced by its strong household incomes. Demand is driven by this established resident base seeking quality housing, though recent quarterly price declines and a lower clearance rate indicate a softening market and emerging affordability pressures. Future growth is underpinned by sustained rental demand and solid yields, yet the suburb’s premium pricing relative to broader Melbourne presents a key constraint, potentially tempering buyer activity in the near term.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1.09 ha
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst