SOLD
RECENT ADVICE
Sold on 04 Apr 2024 for $400,000

1/16A Ratho Street
Lenah Valley TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 64m2
Land area: 64m2
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Property Details for 1/16a Ratho St, Lenah Valley

1/16a Ratho St, Lenah Valley is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 64m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Lenah Valley in the last 12 months.

Building Type
Unit
Floor Size
64m2
Land Size
64m2
Local Government
Hobart
Lot/Plan
1/59500

Last Listing description (April 2024)

This charming 1-bedroom unit is the perfect opportunity for first-time buyers, downsizers, or investors looking for a low-maintenance property in prime location.

Built in 1967, this well-maintained unit offers a comfortable living space with a land area of 64 sqm. The open floor plan creates a seamless flow between the living, dining, and kitchen areas, providing a cozy and inviting atmosphere.

The bedroom is spacious and features built-in robes, offering ample storage space. The bathroom is fresh, bright, modern and includes a bath, perfect for relaxing after a long day. Other features of this property include internal laundry facilities, secure parking for two cars, and pet-friendly policies.

Located in a highly sought-after area, this property is just a short distance from cafes, restaurants, parks, and public transport, you can enjoy the convenience of city living while still being surrounded by nature and green spaces.

Don't miss out on this fantastic opportunity! The price guide for this property is Offers Over $429,000. Whether you are looking for a cozy home or a smart investment, 1/16A Ratho Street is sure to impress. Contact me today to arrange a private inspection and secure your future in this desirable Lenah Valley location.

Property History for 1/16a Ratho St, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$400,000
04 Apr 2024
Listed for Rent
$225/w
07 Sep 2015
  • 11 Mar 2024
    Sold for $400,000
  • 31 Jan 2024
    Listed for Sale Offers Over 395,000
  • 31 Aug 2015
    Listed for Rent - Price not available
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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 3,089 properties. Over the last 5 years, Houses in Lenah Valley have seen a 37.83% increase in median value, while Units have seen a 32.83% increase. As at 31 October 2024:

  • The median value for Houses in Lenah Valley is $751,994 while the median value for Units is $535,979.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 14 properties listed for sale, and 1 property listed for rent in Lenah valley on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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Kathy Roberts
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PRDnationwide Hobart
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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.