OFF MARKET

1/7 Wallace Avenue
Lenah Valley TAS 7008

Bedrooms: 5
Bathrooms: 1
Car spaces: 3
Floor area: 151m2
Land area: 221m2
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Property Details for 1/7 Wallace Ave, Lenah Valley

1/7 Wallace Ave, Lenah Valley is a 5 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1975. The property has a land size of 221m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
Unit
Year Built
1975
Floor Size
151m2
Land Size
221m2
Local Government
Hobart
Lot/Plan
1/57763

Last Listing description (June 2017)

Here is your opportunity to invest or move straight into a unique strata 5 bedroom top floor unit in a quiet, family friendly cul de sac. Constructed in 1975, with a massive 148m2 of living area, it features light, spacious living areas, sizable kitchen/dining with breakfast bar, wall oven & hot plates, heat pump, and a large newly renovated bathroom with second toilet and laundry.
There is access through sliding glass doors from the dining room to a large patio offering panoramic views of the surrounding area & river glimpses. A carport is provided with additional off street parking and plenty of storage with access to ceiling space and generous built in wardrobes in four of the bedrooms. Located close to transport, park, schools & minutes to Hobart s cbd.
This property is sure to astound you with the space and the personal touches added during the recent makeover, it is definitely an opportunity not to be missed.

Disclaimer: The content of this webpage is for information only. It is as accurate as possible at the time of uploading. The content is not intended as advice, and as such can not be used for valuation purposes or taken as absolute fact.
Property Code: 1588

Property History for 1/7 Wallace Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$387,500
08 Apr 2017
  • 08 Apr 2017
    Sold for $387,500
  • 04 Apr 2017
    Listed for Sale Offers Over $365,000
  • 27 Feb 2009
    Listed for Sale $265,000 - $295,000
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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 3,089 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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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.