Moonah TAS

Postcode 7009 · Glenorchy LGA

Moonah is a mid-sized suburb in Tasmania within the Glenorchy local government area (postcode 7009). With a population of 5,884, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in Moonah is $615,000, having risen modestly 0.7% over the past year. Units have a median price of $436,000 (-1% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.2%. 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.

From an investment perspective, Moonah offers a gross rental yield of 4.2%, rated as 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.

INVESTMENT SIGNALS
Rental Yield4.2% Moderate Yield
Price vs State$615K/$750K Near Median
Affordability8.3x Moderate
Price Momentum+0.7% Stable
INCOME (ATO 2022-23)
Median Income$56,163
Mean Income$60,430
Earners3,796
YoY Change+9.2%
SEIFA INDEX (ABS)
Advantage2/10
Education5/10
Economic1/10
Disadvantage3/10
MEDIAN HOUSE
$615K
0.7% YoY
MEDIAN UNIT
$436K
-1% YoY
MEDIAN RENT /WK
$330
POPULATION
5,884
DEMOGRAPHICS
Median Age35
Household Size2.4
HH Income /wk$1,421
Personal Income /wk$733
Mortgage /mth$1,387
TRANSPORT
Bus Stops45
SCHOOLS (2)
Avg ICSEA1004
Total Students419
Government1
Catholic1
Bowen Road Primary SchoolPrimary · Government · ICSEA 973
St Therese's Catholic SchoolPrimary · Catholic · ICSEA 1035
Data: 2024