2/18 Fifth AvenueWest Moonah TAS 7009
Property Details for 2/18 Fifth Ave, West Moonah
2/18 Fifth Ave, West Moonah is a 2 bedroom, 2 bathroom House. The property has a land size of 72m2 and floor size of 57m2.
Last Listing description (September 2022)
Achieving a great return on investment, this property provides plenty of opportunities. Enjoy the stable tenancies and income generated, move into one at the end of the tenancy and rent the other, or occupy both with an extended family!
Each unit is individual with substantial updates done to unit 2, whilst unit 1 has more of the original 1950's features and character.
There is substantial storage space underneath each dwelling with externally entry laundries plus utility area and the gently sloping land (approximately 746m2) is separated by a fence, providing a yard for each home and potentially the opportunity to expand or develop subject to council approval.
Unit 1 is currently tenanted until September 2023 and Unit 2 is tenanted until December. Combined, the income is $610 per week.
A short commute to the conveniences Moonah has to offer plus public transport and local schools.
Don't miss this one!
Dual income property - 1 title
Development opportunity STCA land size 746m2 approx
Partially renovated and underneath storage
Two separate yards plus parking
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Property History for 2/18 Fifth Ave, West Moonah, TAS 7009
- 02 Aug 2022Listed for Sale Offers over $595,000
- 02 Jun 2021Listed for Rent $340 / week
- 01 Feb 2019Listed for Rent $320 / week
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About West Moonah 7009
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:
- The median value for Houses in West Moonah is $619,220 while the median value for Units is $468,623.
- Houses have a median rent of $523 while Units have a median rent of $408.
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