Outer East Melbourne · 3138 · 35 km from CBD

Buyer's Agent in Mooroolbark

Mooroolbark combines eastern suburb prestige with outer-east affordability. The gross yield recorded on the tracked property is 6.18% — $880/wk x 52 divided by the $740,000 purchase price — alongside a $120K valuation increase. Large lots (906 sqm average) provide subdivision or granny flat potential, and the Yarra Ranges gateway location attracts families seeking green space without sacrificing city access.

Avg Purchase

$740K

$680,000 – $850,000

Avg Rent

$880/wk

$750 – $1,000/wk

Avg Yield

6.18%

5.5% – 6.8%

Avg Land

906 sqm

700 – 1,100 sqm

Avg Capital Gain

$120K

Per property

Properties Tracked

1

In our portfolio

Research & Open Data

2 transactions in Mooroolbark are included in our public research dataset

Released under CC-BY 4.0 for academic research, journalism, and AI training. Each row in the dataset is anonymised — purchase price, land size, post-renovation rent, capital growth, and ownership structure with all client-identifying details removed.

Granny flat ROI in Mooroolbark

See where Mooroolbark ranks among 400+ Victorian suburbs for a 60m² granny flat: modelled build outlay, net weekly rent uplift, gross yield on outlay, payback years and the share of lots clearing the 300m² VC253 minimum. Modelled estimates — not financial advice.

Why Invest in Mooroolbark?

1

Large lots averaging 906 sqm in an established setting

2

Strong capital appreciation — $120K gain documented

3

Yarra Ranges gateway with lifestyle appeal

4

Mooroolbark station on Lilydale line

5

Terrace Shopping Centre and local amenities

6

Growing demand from families priced out of inner-east suburbs

Case Study: Mooroolbark — Growth + Cash Flow

Purchase Price

$740K

Current Value

$860K

Weekly Rent

$880/wk

Land Size

906 sqm

Purchased at $740K on a 906 sqm block. Capital appreciation to $860K ($120K gain) while generating $880/wk rent, a gross yield of 6.18% recorded against the $740,000 purchase price. The large lot has granny flat or subdivision potential to further unlock value.

Living in Mooroolbark

Transport

Mooroolbark station (Lilydale line) — 50 min to Flinders Street. Maroondah Highway access.

Schools

Mooroolbark College, Luther College, Billanook College. Strong primary school network.

Schools in Mooroolbark(10 schools indexed)

View on map →

Sourced from ACARA MySchool 2025 + Department of Education Victoria. Primary schools ranked by NAPLAN Year 5 reading + numeracy mean against all 1,285 ranked Victorian primaries. Secondary schools ranked by VCE 2025 40+ score % against all 607 Victorian secondaries.

Billanook College

Independent
Prep-12889 students92 teaching staff
VIC #104 · VCEICSEA 1104 (85%ile)LBOTE 12%

Rolling Hills Primary School

Government
Prep-6409 students30 teaching staff
VIC #242/1,285 · NAPLAN Y5ICSEA 1046 (67%ile)LBOTE 7%

Mooroolbark College

Government
7-12934 students85 teaching staff
VIC #260 · VCEICSEA 982 (38%ile)LBOTE 24%

Mooroolbark East Primary School

Government
Prep-6569 students53 teaching staff
VIC #650/1,285 · NAPLAN Y5ICSEA 1013 (53%ile)LBOTE 10%

Pembroke Primary School

Government
Prep-691 students9 teaching staff
VIC #696/1,285 · NAPLAN Y5ICSEA 923 (16%ile)LBOTE 52%

St Peter Julian Eymard

Catholic
Prep-6583 students45 teaching staff
VIC #734/1,285 · NAPLAN Y5ICSEA 1036 (62%ile)LBOTE 32%

Bimbadeen Heights Primary School

Government
Prep-6541 students44 teaching staff
VIC #837/1,285 · NAPLAN Y5ICSEA 1039 (64%ile)LBOTE 16%

Manchester Primary School

Government
Prep-6158 students17 teaching staff
VIC #1,134/1,285 · NAPLAN Y5ICSEA 955 (27%ile)LBOTE 36%

Mooroolbark Grammar

Independent
Prep-739 students6 teaching staff
ICSEA 997 (45%ile)LBOTE 41%

Yarra Hills Secondary College

Government
7-12530 students59 teaching staff
ICSEA 972 (34%ile)LBOTE 14%

Infrastructure & Amenities

Terrace Shopping Centre, Mooroolbark Recreation Reserve, close to Yarra Ranges wineries and Healesville.

Demographics

Families and young couples seeking eastern suburbs lifestyle. Growing community with good schools and recreational facilities.

Ready to Invest in Mooroolbark?

Our team has sourced 1+ properties in Mooroolbark. Book a free strategy call to discuss your investment goals.

Frequently asked questions

Is Mooroolbark a good suburb to invest in?

Mooroolbark combines eastern suburb prestige with outer-east affordability. The gross yield recorded on the tracked property is 6.18% — $880/wk x 52 divided by the $740,000 purchase price — alongside a $120K valuation increase. Large lots (906 sqm average) provide subdivision or granny flat potential, and the Yarra Ranges gateway location attracts families seeking green space without sacrificing city access. That is our assessment based on our own transaction record — historical data, not a forecast.

How much does an investment property cost in Mooroolbark?

The average investor purchase price we record in Mooroolbark 3138 is $740K, within an observed range of $680,000 – $850,000. That range comes from 1 PremiumRea transaction in this suburb.

What is the rental yield in Mooroolbark?

The average gross rental yield we record in Mooroolbark is 6.18%, across an observed range of 5.5% – 6.8%. Gross means before land tax, management fees, insurance, maintenance, vacancy and loan interest — every one of which reduces the number.

How much weekly rent does a property in Mooroolbark earn?

The average weekly rent we record in Mooroolbark is $880, across a range of $750 – $1,000/wk. Rent varies with house type, land size and condition — these are rents actually achieved on properties we track, not appraisals.

How big are the blocks in Mooroolbark?

The average land size we record in Mooroolbark is 906 sqm, within a range of 700 – 1,100 sqm. Land size is what decides small second dwelling feasibility in Victoria — the Amendment VC253 permit exemption threshold is 300 sqm.

Can you build a granny flat in Mooroolbark?

Mooroolbark is in Victoria, so Amendment VC253 applies: no planning permit is usually required where the lot is in the RGZ, GRZ or NRZ, is larger than 300 sqm, the second dwelling is 60 sqm or less, and there is only one existing dwelling on the lot. The average block in Mooroolbark is 906 sqm. Overlays and restrictive covenants can independently trigger a permit and must be checked lot by lot.

What is driving property growth in Mooroolbark?

The drivers we record for Mooroolbark are: Large lots averaging 906 sqm in an established setting; Strong capital appreciation — $120K gain documented; Yarra Ranges gateway with lifestyle appeal; Mooroolbark station on Lilydale line. Those are verifiable facts about the area; what they do to future prices is not something anyone can guarantee.

How far is Mooroolbark from the Melbourne CBD and what is the transport like?

Mooroolbark is about 35 km from the Melbourne CBD. Mooroolbark station (Lilydale line) — 50 min to Flinders Street. Maroondah Highway access.

What are the schools like in Mooroolbark?

Mooroolbark College, Luther College, Billanook College. Strong primary school network. This page indexes 10 schools in Mooroolbark, with primary schools ranked statewide by 2025 NAPLAN Year 5 reading and numeracy mean and secondary schools by VCE 40+ score percentage, sourced from ACARA MySchool and the Victorian Department of Education.

What is the demographic profile of Mooroolbark?

Families and young couples seeking eastern suburbs lifestyle. Growing community with good schools and recreational facilities.

What infrastructure and amenities does Mooroolbark have?

Terrace Shopping Centre, Mooroolbark Recreation Reserve, close to Yarra Ranges wineries and Healesville.

How many properties has PremiumRea bought in Mooroolbark?

We track 1 transaction in Mooroolbark, with average capital gain per property of $120K. Every price, rent and yield figure on this page comes from those transactions rather than from an average of public listings.

Can you give a real investment example in Mooroolbark?

Mooroolbark — Growth + Cash Flow: purchased at $740K, currently valued at $860K, renting at $880 a week on 906 sqm of land. Purchased at $740K on a 906 sqm block. Capital appreciation to $860K ($120K gain) while generating $880/wk rent, a gross yield of 6.18% recorded against the $740,000 purchase price. The large lot has granny flat or subdivision potential to further unlock value.

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