All About West Moonah, Glenorchy, TAS, 7009

West Moonah, a suburb in the city of Glenorchy, Tasmania, offers a unique blend of suburban tranquility and convenient access to urban amenities, making it an attractive option in the housing market. The area has seen a steady demand for properties, driven by its proximity to Hobart's central business district, which is just a short commute away. The housing market in West Moonah primarily consists of a mix of older-style homes and newer developments, providing diverse options for different buyer preferences and budgets. In recent years, like many Australian suburbs, West Moonah has experienced increased property values, partially due to its appealing community environment and the Tasmanian housing surge. This growth has been tempered by a balance of relatively affordable housing prices compared to the national average, making it an attractive market for both first-time buyers and investors looking for opportunities in Tasmania's booming real estate scene.

Living in West Moonah offers residents the best of both worlds—peace and community charm, coupled with all the benefits of being close to a major city. The suburb boasts a range of local amenities, including parks, schools, and shopping centers, which cater to the daily needs of its residents. The area is known for its strong community spirit and scenic views, with many homes offering vistas of the surrounding hills or river, providing a picturesque setting for family life. Public transport options make commuting to Hobart straightforward, and the friendly atmosphere makes it an appealing place for young families, professionals, and retirees alike. With its semi-rural feel yet easy access to the lively urban environment of Hobart, West Moonah is appreciated for its welcoming environment and offers a lifestyle that combines convenience, community, and comfort.

West Moonah Real Estate Market Outlook

Thinking about buying in West Moonah? Now could not be a better time, with 2287 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $367,000 with prices in this suburb ranging from $19,000 to $1,561,000. The aproximate distance to the coast is 11 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine West Moonah due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in West Moonah changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in West Moonah necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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