1/8 Wallace AvenueLenah Valley TAS 7008
Property Details for 1/8 Wallace Ave, Lenah Valley
1/8 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 75m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Lenah Valley in the last 12 months.
Last Listing description (August 2024)
Ideal 1st home. Brick, north-facing 2 bedroom unit, located in the leafy suburb of Lenah Valley. Ready to move straight in. Easy care, open-plan kitchen, dining, and living area. This property offers a combination of affordable living, low maintenance and is well located to schools, shops and transport.
Savvy investment property with potential rent $450- $485 p/w. Just a 5 few minutes commute to the city of Hobart and only a few minutes from popular North Hobart dining strip with great options for dinner and funky cafes for breakfast and lunch.
Close to schools, parks and walking tracks, shops, medical facilities, public transport and the university.
Kate Storey Realty has obtained all information in this document from sources considered to be reliable, however we cannot guarantee its accuracy. Accordingly, all interested parties should make their own enquiries to verify this information. All measurements are approximate only.
Property History for 1/8 Wallace Ave, Lenah Valley, TAS 7008
- 02 Jan 2024Sold for $405,000
- 08 Dec 2023Listed for Sale Not Disclosed
- 21 Dec 2016Sold for $250,000
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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 37.64% increase in median value, while Units have seen a 43.88% increase. As at 31 July 2024:
- The median value for Houses in Lenah Valley is $762,891 while the median value for Units is $562,056.
- Houses have a median rent of $590 while Units have a median rent of $450.
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