OFF MARKET

2/1 Waverley Avenue
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 59m2
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Property Details for 2/1 Waverley Ave, Lenah Valley

2/1 Waverley Ave, Lenah Valley is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1977. The property has a land size of 59m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1977
Floor Size
84m2
Land Size
59m2
Local Government
Hobart
Lot/Plan
2/59123

Last Listing description (July 2023)

OPEN HOME CANCELLED - Saturday the 3rd of June

Located in a very popular suburb, centrally located to shops, services, Calvary Hospital and the Hobart CBD, is this immaculate two storey unit. A restyle has been completed which includes brand new floor coverings, fresh paint, new blinds, double glazed windows throughout and a kitchen and bathroom upgrade, leaving nothing to do but just enjoy. The kitchen, dining and lounge room are located on the lower level of the unit, upstairs there are two double bedrooms, one with a built in cupboard along with the bathroom and toilet. Plumbing connection for a small washing machine is located in the kitchen.

There are spacious common grass and garden areas, fruit trees including apples, pear fig and kiwi for resident enjoyment, along with a courtyard and an outdoor pizza oven. The unit has onsite parking and there are 3 other units in the complex. The unit is perfect for those looking to get into the market or those looking to invest. Walk to shops, services, or catch the bus into the city. Maintenance free, versatile and ready to move into!

This property would also be a great investment choice, with a return of around $450 - $470 per week.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 2/1 Waverley Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$525,000
01 Jul 2023
Listed for Rent
$250/w
06 Feb 2016
  • 01 Jul 2023
    Sold for $525,000
  • 17 May 2023
    Listed for Sale best offer around $549,000
  • 26 Apr 2014
    Listed for Rent $250 / week
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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.