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Sold on 08 Oct 2024 - Price Unavailable

1/7 Castlereagh Court
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 70m2
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Property Details for 1/7 Castlereagh Ct, Lenah Valley

1/7 Castlereagh Ct, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 70m2 and floor size of 70m2. 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 Lenah Valley in the last 12 months.

Building Type
Unit
Floor Size
70m2
Land Size
70m2
Local Government
Hobart
Lot/Plan
1/59202

Last Listing description (October 2024)

Ant's "Fluff-Free" Description...

* Set in a quiet part of lovely Lenah Valley, this solid unit is the classic story of The Ugly Duckling blossoming into a beautiful swan for the savvy Investor.

* Currently rented at $460 per week to a single professional guy - who's keen to stay on - it's neat, tidy and represents the ideal "set and forget" investment property.
* The unit itself offers a spacious open plan living and dining area, neat and sunny kitchen, 2 generous bedrooms with built-in robes plus a bathroom with laundry.
* There's also direct access from the living area to a roomy balcony with delightful mountain views - there's even a water glimpse if you peer through the trees!
* Add easy off-street parking right at your door and the package is almost complete...
* All it needs is a new Owner to take over and watch the rents roll in!

Onwards and upwards to your Lenah Valley investment beauty!

"I Work Harder - It's THAT Simple!"

Disclaimer: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 1/7 Castlereagh Ct, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
08 Oct 2024
Listed for Rent
$440/w
03 Sep 2021
  • 08 Oct 2024
    Sold
  • 29 Apr 2024
    Listed for Sale Sold
  • 11 May 2022
    Sold for $420,000
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About Lenah Valley 7008

The size of Lenah Valley is approximately 8.4 square kilometres. It has 10 parks covering nearly 3.3% of total area. The population of Lenah Valley in 2011 was 5,852 people. By 2016 the population was 5,934 showing a population growth of 1.4% in the area during that time. The predominant age group in Lenah Valley is 40-49 years. Households in Lenah Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lenah Valley work in a professional occupation. In 2011, 75.1% of the homes in Lenah Valley were owner-occupied compared with 74% in 2016.

Lenah Valley has 3,082 properties. Over the last 5 years, Houses in Lenah Valley have seen a 44.11% increase in median value, while Units have seen a 25.73% increase. As at 30 September 2024:

  • The median value for Houses in Lenah Valley is $782,114 while the median value for Units is $529,096.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Lenah valley on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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Ant Manton
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Zac Flanagan
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LJ Hooker Pinnacle Property
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.