487 Markets Join Million-dollar Property Club: CoreLogic
Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
Property investors have seen a 1.98% gain in MOONAH based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MOONAH, 7009 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 22.38%.
Based on its average 5-year and quarterly capital gains MOONAH, 7009 saw average growth in the long term.
The TAS suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $642,500
Profits averaged 15.34% per annum over a 3-year period, due to an upward trend in home prices in MOONAH, 7009.
This means, real estate investors could earn a rental income of $495 based on current median home prices for the suburb.
The gross rental yield in MOONAH, 7009 is 4.01%.
An average of 6.17 real estate transactions take place per month in MOONAH which translates to 74 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||22.38%||53.55%|
|Median 3 years||46.02%||61.49%|
|Median 5 years||103.81%||68.5%|
|10 years average annual||9.07%||8.16%|
|Weekly media advert. rent||$495||$370|
|Time on Market||14.0 days||9.3 days|
|Gross Rental Yield Percent||4.01%||4.04%|