If you compare the increase in value of investment property in Moonah, 7009 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 5.45%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Moonah has increased when compared to the 5 year average annual rate.
Property buyers and investors in Moonah 7009 should be seeing an average reduction in asking price of around -5.24% . This means that Moonah is holding prices well when compared to other suburbs in TAS.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
TAS has seen average median house prices change by 4.06% which means that Moonah, 7009 has done well for property investors by showing a capital gain of 6.97% over the last year
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Moonah, 7009. Typically our figures indicate that -3.55% is being offered, which puts this TAS suburb at 1198th most discounted overall in Australia.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 6.05%, without taking into account capital value appreciation, which has been averaging out at 5.38%.