172 Pottery RoadLenah Valley TAS 7008
Property Details for 172 Pottery Rd, Lenah Valley
172 Pottery Rd, Lenah Valley is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 979m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (May 2022)
There are options galore to suit any family or investment situation with this storeyed brick house set in a private, leafy, and elevated position in popular Lenah Valley.
This home was originally built to accommodate two, separate, self-contained flats with a kitchen, loungeroom, bedroom and ensuite on the ground level, and a kitchen, bathroom, loungeroom and two bedrooms on the upper floor. The current owners have converted this arrangement into a single dwelling with both floors linked via internal stairs - but all the kitchen services of the ground floor still exist behind a plaster wall. This means the new owners have ultimate flexibility to benefit from either arrangement that works for them.
The downstairs ensuite shower is not in use and requires a new shower to be installed. Another opportunity to manufacture your own capital growth.
Lenah Valley is not just a great place to live and raise a family, it has also proved to be a reliable suburb for investors too with consistent capital growth, low vacancy rates, and steady rental yields. A rate of $580 - $600 per week could be expected for this property in its current floorplan arrangement representing a solid, easy care nest egg for the future.
Close to popular schools, New Town shopping centre, cafs and eateries, sports and recreation grounds, metro transport, and only a ten-minute commute to Hobart City - the proximity of this home offers a convenient lifestyle.
This property will resonate with a range of buyers, so be early to register your interest.
Perfect for first home buyers, young families, couples, and singles alike
Contemporary layout with opportunity to refurbish and make your own mark
Picturesque suburban, and Mountain outlooks
Surrounded by private, easy-care bush
work will be rewarded in finishing off downstairs ensuite
opportunity to reconvert back to dual living, second kitchen layout
A great investment for the future in a high growth suburb
Conveniently located within popular school catchments, walking trails, recreation, retail, metro and public services
Council Rates: $2,000.00 per annum (approx.)
Water Rates: $1,040.00 per annum (approx.)
Rental Estimate: $580pw - 600pw
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is not intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Property History for 172 Pottery Rd, Lenah Valley, TAS 7008
- 16 Mar 2022Sold for $720,000
- 08 Mar 2022Listed for Sale Best offer over $675,000
- 03 Dec 2010Sold for $150,000
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0About 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.
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