4 Gerrard StreetMoonah TAS 7009
Property Details for 4 Gerrard St, Moonah
4 Gerrard St, Moonah is a 2 bedroom, 1 bathroom House with 7 parking spaces and was built in 1960. The property has a land size of 711m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (February 2022)
Occupying a commanding position within a prominent Moonah street, this impressive property consists of 3 x 1 bedroom flats and 1 x 2 bedroom flat, all complete with ample parking and storage units bringing in a combined weekly total income of $875, with scope for improvement.
Each top flat, comprises of a large single bedroom, a large bathroom and a substantial sunny open plan living and kitchen area, each opening up to the sunny walkway that runs parallel to the property.
The bottom flat is the largest of all four, with a large living room, two bedrooms and a separate toilet.
The location itself is within a few minute's driving of Moonah's central business district, close to the Hobart CBD and close to a host of schools, supermarkets, cafes and restaurants.
This solid property will ideally suit astute investors wishing to purchase within a prime location on the fringe of two cities, providing a great income, with scope to improve the return through renovation or further development S.T.C.A further utilising the expansive storage areas or carpark.
Property History for 4 Gerrard St, Moonah, TAS 7009
- 10 Feb 2022Sold for $1,200,000
- 10 Nov 2021Listed for Sale Expressions of Interest
- 29 Oct 2018Listed for Sale BER - $770,000 - $850,000
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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 3,088 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.
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