16 Second Ave, West Moonah is a 6 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1964. The property has a land size of 830m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
West Moonah is one of Hobart's most sought after suburbs and has enjoyed excellent growth in recent years. In a recent campaign from realestate.com.au they deemed West Moonah s rental demand as high with properties receiving 2,059 visits per house (data current as of 15 September 2017).
The property we have on offer is a solid rental performer currently tenanted and returning $410 per week with the potential for continued capital growth and tenant demand. The home is positioned at the front of a large block (approx. 830m2) and has the possibility to be subdivided and/or to add an additional dwelling (STCA).
Property features:
The size of West Moonah is approximately 1.8 square kilometres. It has 9 parks covering nearly 9% of total area. The population of West Moonah in 2011 was 3,774 people. By 2016 the population was 4,003 showing a population growth of 6.1% in the area during that time. The predominant age group in West Moonah is 20-29 years. Households in West Moonah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Moonah work in a professional occupation. In 2011, 62.5% of the homes in West Moonah were owner-occupied compared with 60.6% in 2016.
West Moonah has 1,942 properties. Over the last 5 years, Houses in West Moonah have seen a 40.38% increase in median value, while Units have seen a 35.97% increase. As at 31 October 2024:
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