76 Springfield AvenueWest Moonah TAS 7009
Property Details for 76 Springfield Ave, West Moonah
76 Springfield Ave, West Moonah is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1952. The property has a land size of 784m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 6 bedroom Unit sold in West Moonah in the last 12 months.
Last Listing description (March 2025)
Exciting Investment Opportunity: Four-Unit Block with outstanding 7.5% Rental Returns.
Built in 1952, this block of four units presents an excellent addition to your rental portfolio or a fantastic starting point.
With a combined rental income of $1,520 per week, the property offers a robust return of approximately 7.5% based on the asking pricemeaning its essentially self-sustaining even before anticipated interest rate cuts. Prospective buyers should evaluate the return on investment based on their purchase price.
Live in one and rent the others
Add a Granny flat to the large rear yard (STCA)
Potential to extend the building into the rear yard (STCA)
There are many options to maximise the potential of this outstanding investment property
Property Details:
Upper Level:
Two-Bedroom Flat:
Leased at $420 per week until January 2026
Features upgraded kitchen and bathroom
Two-Bedroom Flat:
Leased at $380 per week until June 2025
New double glazed windows
Near new kitchen and bathroom upgrades
Lower Level:
Two x One-Bedroom Flats:
Both units are fully functional with potential for value addition through kitchen and bathroom upgrades
leased at $390 per week until February 2026
leased at $330 per week until July 2025
The property is centrally located, offering convenient access to various business and shopping areas, as well as being close to a public transport hub.
For additional information or to schedule an inspection, please contact Rod or Russell. Dont miss out on this lucrative opportunity to enhance your investment portfolio!
We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 76 Springfield Ave, West Moonah, TAS 7009
- 18 Feb 2025Sold for $1,050,000
- 20 Jan 2025Listed for Sale Offers Over $1,050,000
- 14 Sep 2024Listed for Sale Offers Over $995,000
Recent sales nearby
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0About West Moonah 7009
The size of West Moonah is approximately 1.8 square kilometres. It has 9 parks covering nearly 9.0% of total area. The population of West Moonah in 2016 was 4012 people. By 2021 the population was 4522 showing a population growth of 12.7% in the area during that time. The predominant age group in West Moonah is 30-39 years. Households in West Moonah are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Moonah work in a professional occupation.In 2021, 57.40% of the homes in West Moonah were owner-occupied compared with 60.60% in 2016.
West Moonah has 1,944 properties. Over the last 5 years, Houses in West Moonah have seen a 36.63% increase in median value, while Units have seen a 41.01% increase. As at 30 November 2025:
- The median value for Houses in West Moonah is $664,353 while the median value for Units is $524,081.
- Houses have a median rent of $520 while Units have a median rent of $470.
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