OFF MARKET

55 Springfield Avenue
West Moonah TAS 7009

Bedrooms: 6
Bathrooms: 4
Car spaces: 5
Floor area: 290m2
Land area: 645m2
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Property Details for 55 Springfield Ave, West Moonah

55 Springfield Ave, West Moonah is a 6 bedroom, 4 bathroom Unit with 5 parking spaces and was built in 1972. The property has a land size of 645m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in May 1989.

Building Type
Unit
Year Built
1972
Floor Size
290m2
Land Size
645m2
Local Government
Glenorchy
Lot/Plan
1/64845

Last Listing description (September 2019)

Comprising four units on one title, this property is a multiple income opportunity sure to attract savvy investors.
Unit One & Three, one bedroom
Unit Two & Four, two bedrooms

Unit 1, 2 & 3 currently leased (non fixed)
Great investment opportunity
Potential to Strata Title (STCA)
Scope to refurbish & grow equity/ yield
Open plan kitchen & living designs
Combined laundries & bathrooms
Main bedrooms with built-in wardrobes
Secure stairwell access to upper units
Single garage & ample off-street parking
Each unit is individually metered
Popular inner-city suburb for renters
Close to shops, parks & schools
Conveniently located on the bus route
Approx. 15 minutes to the Hobart CBD
Construction: Brick
Built: 1972
Council Rates: Approx. $3,500 pa
Water Rates: Approx. $1,400 pa
Body Corporate Fees: N/A
Approx. Local Median Rental Rates: 1 Bedroom Units $240pw, 2 Bedroom Units $320pw
Rent Returns: Unit 1 $200pw, Unit 2 $220pw, Unit 3 $200pw, Unit 4 $230pw
Leases: Units 1-3 Non Fixed, Unit 4 September 2020

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Property History for 55 Springfield Ave, West Moonah, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$156,000
09 May 1989
  • 26 Aug 2019
    Listed for Sale Not Disclosed
  • 09 May 1989
    Sold for $156,000

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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.
There are currently 13 properties listed for sale, and 2 properties listed for rent in West moonah on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in West moonah.

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