Moana SA Property Investment

Moana has compounded at 2.8%/yr over 5 years — a house that cost $980,783 in 2021 is worth $1,126,000 today. Properties are sitting on market for 20 days (sellers have the leverage). At the same growth rate, today's median reaches $1,292,718 by 2031.

• Median house: $1,126,000 | Units: $788,735
• Gross yield: 3.2% | Net yield: 1.7%
• 5yr price CAGR: 2.8%/yr | 3yr forecast: 13.5%/yr
• Population: 3,316 | Owner-occupier rate: 70% | Affluence: Average

• Supply pipeline: Moderate — Strong population growth likely attracting new development approvals

• Vacancy: 0.8% (improving) | Rental demand: Very High
• Median weekly rent: $700/wk | Days on market: 20 (improving)
• Landlord market — rents likely to keep rising.

• Median nightly rate: $622/night | Occupancy: 42%
• Estimated annual STR gross: ~$95,305/yr
• vs long-term rent: $36,400/yr (+162% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Standard suburban transport access

If Moana maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,294,900 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Moana pull back 10-15% from $1,126,000, with vacancy rising to 1.4% and rental yields softening as tenants gain leverage.

• Flood risk: HIGH (planning_overlay) — order a flood certificate for the specific address before commit

• Elizabeth (SA): $817,500 median, 3.1% yield, 0.0% 1yr growth
• Gepps Cross (SA): $912,646 median, 1.9% yield, 2.1% 1yr growth
• Kilburn (SA): $1,093,556 median, 2.8% yield, 31.9% 1yr growth

Moana presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.2% and prioritise properties with value-add potential. Consider timing entry around the current recovery phase of the market cycle.

• Entry range: $1,013,400 – $1,238,600
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.