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West Moonah
AREA REPORTS

West Moonah

West Moonah - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7009

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Based on its average 5-year and quarterly capital gains WEST MOONAH, 7009 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WEST MOONAH, 7009 obtained a 5.45% growth over a ten-year period. It ranks 1159th on our list of suburbs that property investors should look into.

WEST MOONAH, 7009 in TAS belongs to the local government area of Glenorchy (C).

WEST MOONAH, 7009 has a capital gain of 8.7% for the past year, which is lower than average compared to its 64.74% growth within a five-year period.

With the median home price in WEST MOONAH sitting at $500,000, and the average rent at $450, property owners could potentially earn a 4.68% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WEST MOONAH are low, as opposed to average gains per annum over the past five years.

A 8.7% increase in median property prices in WEST MOONAH, 7009 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 81st.

Data report can be found below

West Moonah
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,000 N/A
GROWTH REPORT
Median Quarterly 2.04% N/A
Median 12 month 8.7% N/A
Median 3 years 25% N/A
Median 5 years 64.74% N/A
10 years average annual 5.45% N/A
Weekly media advert. rent $450 N/A
Time on Market 48.2 days N/A
Gross Rental Yield Percent 4.68% N/A
demographics (median values)*
Total Population
12453
Weekly Household Income
1044
Household Size
2.30
Age
37
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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