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Sold on 20 Oct 2024 for $365,000

6/3 Bermuka Street
West Moonah TAS 7009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
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Property Details for 6/3 Bermuka St, West Moonah

6/3 Bermuka St, West Moonah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in West Moonah in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
68m2

Last Listing description (October 2024)

Situated at the end of a row of six units, this corner unit enjoys a prime position within the complex and is just a short stroll from vibrant Moonah, with all essential amenities close at hand.

This well-kept unit boasts an open plan living, dining and kitchen with access to the rear outdoor area via the kitchen. Accommodation features two-bedrooms, with the main with a built-in wardrobe while a combined bathroom and laundry service the unit.

Additional storage can be found beneath the unit, along with a designated off-street parking spot and a garden plot (not on title). The grounds are well maintained through the body corporate, ensuring you can relish in the beauty of the surroundings without the hassle of upkeep.

Leased until December 2024 and generating $370 per week, this unit presents a promising investment opportunity for discerning investors, with dependable tenants already in place. Additionally, Unit 5 is also for sale, providing the chance to acquire both units for an even more compelling investment prospect.

For those seeking to embark on a renovation project, this property offers an exciting canvas, while first-time buyers will find it an ideal entry point into the market, with the option to move in after the lease ends.

This property enjoys an ideal location just moments from Moonah's lively shopping district, featuring a vibrant local arts scene, a wide range of dining options, and convenient shopping—all just a short 10-minute drive from Hobart CBD.

-Current rental return $370 pw.
-Council rates $1500 pa approx.
-Water rates $1000 pa approx.
-Body Corp $2280 pa approx.

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Property History for 6/3 Bermuka St, West Moonah, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$365,000
20 Oct 2024
  • 20 Oct 2024
    Sold for $365,000
  • 21 May 2024
    Listed for Sale Offers over $350,000
  • 01 Nov 2018
    Sold for $235,000

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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 1,945 properties. Over the last 5 years, Houses in West Moonah have seen a 39.70% increase in median value, while Units have seen a 34.28% increase. As at 30 November 2024:

  • The median value for Houses in West Moonah is $618,065 while the median value for Units is $478,254.
  • Houses have a median rent of $525 while Units have a median rent of $410.
There are currently 8 properties listed for sale, and 2 properties listed for rent in West moonah on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in West moonah.

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