9 Charles Street, Moe VIC 3825
9 Charles Street, Moe VIC 3825
2-bed footprint | 604 m² land | 1962 build | established Moe pocket | investor-orientated yield
What this property offers is uncommon in its segment: a compact two-bedroom house on a generously proportioned block, where the land clearly outweighs the building in value. The 1962 construction signals solid, simple bones rather than character charm, and the modest 76 m² interior will appeal most to buyers prioritising low upkeep and outdoor space over internal grandeur. It sits comfortably within Moe’s established residential core, where long-tenure neighbours and detached housing define the street rhythm. The strongest fit is an investor chasing gross yield in the mid-five percent range, or a first-home buyer wanting entry into a stable regional market with room to extend or redevelop later.
The value picture here may hinge on how much weight a buyer places on land versus dwelling condition. A 604 m² parcel in this location carries inherent flexibility, but the house itself may require updating to match contemporary expectations, particularly in kitchen and bathroom areas. The two-bedroom layout narrows the buyer pool compared to three-bedroom alternatives, which might soften demand at the upper end of the price range. Conversely, the low-maintenance footprint and heating feature add practical appeal, and the land component offers a buffer against depreciation of the building. Buyers should weigh the cost of any modernisation against the rental return potential when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Charles Street, Moe VIC 3825
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Moe, in regional Victoria, offers established suburban living on larger lots up to 916m², with consistent sales and listings indicating sound transport access. Demand is led by a mature, single-person resident base that largely owns detached houses outright, while investors are drawn to gross rental yields of 5.48% for houses and 6.00% for units, plus 5.26% quarterly house rental growth. The median house price is $400,000, with estimates ranging from $355,000 to $413,500 and annual growth reported from -0.8% to 13.3% across sources. Units median $271,000, growth 2.65%–20.2%. Market momentum is supported by 281 house sales in 12 months and quarterly house price rises up to 8.6%. Future growth rests on infrastructure and steady turnover, but affordability is constrained by household incomes well below the regional average, leaving prices sensitive to rate movements and variable supply.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 12 Charles Street sold at $280k; 19 Charles Street sold at $355k | Property Price Band: $250k–$350k | Value Drivers: land size, dwelling condition, bedroom count
Bedrooms
2
Bathroom
1
Parking
1
Land
604m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!