SOLD
Sold on 18 Jan 2024 for $380,000

1/14B Coleman Street
Moonah TAS 7009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 156m2
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Property Details for 1/14b Coleman St, Moonah

1/14b Coleman St, Moonah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 156m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Moonah in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
80m2
Land Size
156m2
Local Government
Glenorchy
Lot/Plan
1/59450

Last Listing description (February 2024)

Situated within a 5-minute walk of the Moonah Central Shopping Centre, this meticulously maintained 2-bedroom unit is the ideal downsizer for impending retirees, perfect first home for young singles/couples, or a low maintenance, high yielding, set and forget opportunity for the savvy investor.

This unit is the first in the complex, conjoined on one side only, and is fronted by a private, north-facing courtyard, complete with rose garden and clothesline. A single carport is complemented by loads of visitor parking, making this unit one of the most sought after in the complex.

The unit itself comprises 2 spacious bedrooms, both with built ins, providing internal access to the sleek and clean bathroom/laundry.

The kitchen has benefitted from a recent renovation, featuring scandi inspired soft close cabinetry, tiled splashback and new oven. Freshly painted, this sunlit apartment also contains quality window furnishings, reverse cycle heater/air con, nbn connection and secure, insect windows and door screens.

A nicely tiled dining space links the kitchen to the lounge, a bright and spacious room complemented by a handy sunroom, perfect for an indoor garden and space to chill out and read your latest book

Investors, take note of the enticing combination of Moonah capital growth (an extraordinary +134% past 10 years*) and the potential for continually strong yield.

Moonah is located about 5 km north of the Hobart CBD along the Brooker Highway, an easy 10-minute drive. Encompassing all the modern amenities associated with city fringe living, Moonah is fast becoming renowned for its cultural diversity, the local restaurants offering a tremendous variety of cuisines. This is celebrated with gusto around March every year with the Moonah Taste of the World Festival held in Benjafield Park. Moonah also hosts Tasmania's largest undercover farmer's market, known as Island Markets.

? Freshly painted, spacious and sunlit
? Scandi inspired kitchen renovation
? Generous, carpeted bedrooms with built ins
? North facing courtyard garden and carport
? Strong capital growth combined with high yield potential
? 5 minutes walk into Moonah central

Council Rates: $1,480 (Approx p.a.)
Water Rates: $1,000 (Approx p.a.)
Body Corporate Fees $1,300 (Approx p.a.)
* Core Logic Moonah Unit statistics Nov 2023

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.

Property History for 1/14b Coleman St, Moonah, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$380,000
18 Jan 2024
  • 18 Jan 2024
    Sold for $380,000
  • 14 Dec 2023
    Listed for Sale Not Disclosed
  • 21 Apr 1988
    Sold for $51,000

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About Moonah 7009

The size of Moonah is approximately 2.8 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Moonah in 2011 was 5,126 people. By 2016 the population was 5,404 showing a population growth of 5.4% in the area during that time. The predominant age group in Moonah is 50-59 years. Households in Moonah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moonah work in a professional occupation. In 2011, 63.1% of the homes in Moonah were owner-occupied compared with 59.6% in 2016.

Moonah has 3,089 properties. Over the last 5 years, Houses in Moonah have seen a 46.90% increase in median value, while Units have seen a 42.49% increase. As at 31 October 2024:

  • The median value for Houses in Moonah is $631,327 while the median value for Units is $462,186.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 9 properties listed for rent in Moonah on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Moonah.

Suburb Insights for Moonah 7009

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Mark Weaver
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Harcourts Hobart
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.