Moonah, 7009 ranked 42th in TAS when comparing growth in median property values or capital gain over the last 12 months. Moonah is one of 606 in our list for TAS
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.
Our latest figures would indicate that property sellers in Moonah are currently offering property investors an average price cut of -8.27% below the asking price at the moment.
Often selling an investment property can take time, and in Moonah the average time real estate has been on the market is 31.25 days.
With the median price for a house in Moonah being $373500 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.29%
At number 582th in the list of Australian suburbs ordered by increase in median house value over the last year, Moonah, 7009 is in the top 40% with a property value increase of 8.00% recorded in median house prices.
If we look at median property appreciation over just the last three months, Moonah has given property investors a paper return of 3.85%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in TAS
At number 37th of TAS’s most discounted properties, Moonah is in the TOP 30% of the state/territory when listing in order of most discounted to least.