Town by town snapshot: Moggs Creek

December 3, 2020 BY

The size of Moggs Creek is approximately 4.1 square kilometres with the population of Moggs Creek being 354 in 2011 and by the 2016 Census the population was 78 showing a population decline of 78.0% in the area during that time.

Although the data indicates a median house price of $875,000 there has not been a recorded sale in Moggs Creek under $1,300,000 during 2020 with the highest recorded sale being $1,700,000.

Moggs is a coastal hamlet on the Great Ocean Road between Aireys Inlet and Lorne.

The origin of the name Moggs is uncertain, the creek having also been known as the McLaren and Bell Bird in the past.

Local belief is that Moggs derives from a family of graziers near St Arnaud, who used to bring cattle to graze in the area.

The construction of the Great Ocean Road in the 1920s

paved the way for further development, but it was only after World War II that land in the area was subdivided and sold for housing.

The predominant age group in Moggs Creek is 50-59 years with households in Moggs Creek being primarily childless couples and are likely to be repaying $800 – $999 per month on mortgage repayments, and in general, people in Moggs Creek work in a professional occupation.

In 2011, 85.8% of the homes in Moggs Creek were owner-occupied compared with 81% in 2016.

TIDBIT: In 1959, a group of Moggs Creek residents erected a rough cairn of bricks, topped by a plaster bust, as a monument to the mythical Sir Samuel Moggs, alleged to be the first European to have landed at the location, on 29 February 1759.

PROFILE

Population: 90
Male: 50%
Female: 50%
Median age: 51

5 year population change: -78
Median house price: $814,000
Change in Median Price: (5yrs) is N/A
Median asking rent per week: N/A
Average length of ownership: 14 years
Owner occupiers: 89%
Renters: 11%

Historic median house price:
August 2020: $875,000
August 2019: $809,000
August 2018: $790,000
August 2017: $732,500
August 2016: $824,000

House sales per annum:
Period ending August 2020: 8
Period ending August 2019: 3

Land median sale price:
August 2020: N/A
August 2019: N/A

Land sales per annum:
Period ending August 2020: 0
Period ending August 2019: 0