SOLD
RECENT ADVICE
Sold on 26 Aug 2024 for $388,000

2/1 Gant Street
Lenah Valley TAS 7008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 53m2
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Property Details for 2/1 Gant St, Lenah Valley

2/1 Gant St, Lenah Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 53m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Lenah Valley in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
48m2
Land Size
53m2
Local Government
Hobart
Lot/Plan
2/59047

Last Listing description (August 2024)

With an elevated, north facing position and river glimpses, this affordable, well-presented brick villa right on the City fringe is all about low maintenance and convenience.

This unit currently has no body corporate outgoings and represents a perfect start to your real estate journey, provide a city pad bolt-hold, or a reliable addition to your investment portfolio or SMSF with an estimated return of $330pw to $380pw. Downsizing retirees would also find good value and a peaceful life here.

Built to last in the mid 1970s the sturdy brick home has been well maintained and is ready to move into straight away but could also benefit from some cosmetic upgrades. Comfort in all seasons is assured with an efficient reverse cycle air conditioner.

Close to popular schools, New Town shopping centre, caf?s 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. Be early to register your interest.

? Neat, tidy, sunny & secure with northerly aspect & river glimpses
? Affordable entry into a popular, leafy, sought after suburb
? Ready to move in now, but would reward cosmetic renovation
? North facing deck, reverse cycle air conditioning
? Carport for undercover parking and garden shed for storage
? Close to cafes, restaurants, gourmet retailers, several schools, parks and ovals
? Ten-minute drive to City

Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and such as cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 2/1 Gant St, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$388,000
26 Aug 2024
  • 26 Aug 2024
    Sold for $388,000
  • 22 Jul 2024
    Listed for Sale Not Disclosed
  • 03 Oct 1997
    Sold for $72,000
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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 39.78% increase in median value, while Units have seen a 34.20% increase. As at 31 August 2024:

  • The median value for Houses in Lenah Valley is $761,720 while the median value for Units is $550,911.
  • Houses have a median rent of $590 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, 89 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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Colin Miller
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Harcourts 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.