Moonah is a medium-sized suburb in Tasmania within the Glenorchy local government area (postcode 7009). The area has roughly 5,884 residents and a mix of families and early-career residents, with a median age of 35. Households earn a median income of $74K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.5% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, technicians & trades. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Irish.
Median house prices in Moonah stand at $615,000, having ticked up by 0.7% over the last twelve months. Units have a median price of $436,000 (-1% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,387.
Moonah is served by 2 schools, including 2 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 45 bus stops.
On the investment side, Gross rental yield sits at around 4.7% (moderate yield). Property prices are near the state median ($615K/$750K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +0.7% year-on-year. Population growth of -0.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.