OFF MARKET

14 Wallace Avenue
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 761m2
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Property Details for 14 Wallace Ave, Lenah Valley

14 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 761m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in February 2007.

Building Type
Unit
Floor Size
64m2
Land Size
761m2
Local Government
Hobart
Lot/Plan
0/145826

Last Listing description (July 2018)

Unit 1 - Sold
Unit 2: Set in a slightly elevated position on Wallace Avenue, this 91m2 unit is only minutes away from the busy hub of North Hobart or a few minutes more to the centre of Hobart.
It is in very good condition inside and out, and has a view of the city from the balcony. Open plan living/dining area leads to the balcony through sliding doors and provides a good space for morning coffees or afternoon BBQs. Modern kitchen and bathroom, toilet and laundry, with the good sized bedrooms having built-ins. There is a single garage underneath which has space for a car and extra storage or workshop.

Everything is ready and waiting for the investor looking to add to their portfolio with a good tenant in place paying $320.00 per week.

Property History for 14 Wallace Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$73,000
27 Feb 2007
Listed for Rent
$280/w
28 Nov 2009
  • 30 Oct 2017
    Listed for Sale Offers Over $335,000
  • 20 Nov 2009
    Listed for Rent - Price not available
  • 27 Feb 2007
    Sold for $73,000
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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, 82 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.