Property value increases in Moonah have tracked higher than the TAS average of 3.08% over the last 12 months.
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.
At number 136th of TAS’s most discounted properties, Moonah is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.09%, investors should hope to achieve an overall return of 5.70%
Moonah has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 0.40% to date .
Comparing Moonah,7009 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
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 -3.57% is being offered, which puts this TAS suburb at 1207th most discounted overall in Australia.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.93%, without taking into account capital value appreciation, which has been averaging out at 5.42%.