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Sold on 30 Oct 2024 for $670,000

2/2 Cranswick Court
Lenah Valley TAS 7008

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 180m2
Land area: 324m2
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Downton Property
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Property Details for 2/2 Cranswick Ct, Lenah Valley

2/2 Cranswick Ct, Lenah Valley is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 324m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Lenah Valley in the last 12 months.

Building Type
House
Year Built
1995
Floor Size
180m2
Land Size
324m2
Local Government
Hobart
Lot/Plan
2/116442

Last Listing description (December 2024)

This beautifully maintained stand-alone villa, built in 1995, is one of only two on the block and exudes quality and timeless appeal. Offering up to six bedrooms across two self-contained levels, this property provides an unmatched level of versatility to suit a variety of lifestyle needs.

Currently, the villa is leased to a reliable family, generating a solid rental income of $760 per week. The tenants are happy to stay on, making this an ideal addition to any investment portfolio. However, for those looking to make this property their own, there is also the opportunity for vacant possession in the near future, allowing you to adapt the home to perfectly suit your family's needs.

The upper level features a spacious master bedroom, a second bedroom, a well-appointed bathroom, and a separate toilet, ensuring comfort and convenience. The sun-drenched living, dining, and kitchen areas take full advantage of the home's northerly aspect, filling the space with natural light throughout the day. The kitchen boasts expansive views of the mountains, providing a stunning backdrop for everyday living.

The lower level, accessed through either a rear external door or a substantial garage with automatic entry, mirrors the footprint of the upper floor. This versatile space offers two to three additional bedrooms, a second kitchen, living and dining areas, and another bathroom, making it perfect for extended family, guests, or even as a separate rental opportunity.

With its dual living potential, you can live on one level while generating additional income from the other, or continue to benefit from the current $760 per week rental return. Alternatively, take full advantage of the prime location and customise the home to meet your own family's unique requirements.

The rear of the property offers a blank canvas, ready to be transformed back into the serene landscaped garden it once was, providing a private retreat that enhances the tranquil surroundings of this quiet, no-through road in leafy Lenah Valley. With a bus route just minutes away and a nearby recreation park, the location is perfect for those seeking both peace and convenience.

Additionally, a selection of quality public and private schools are within a short drive, making this property ideal for families or downsizers who don't want to compromise on space or style. With so much to offer, we expect strong interest in this exceptional home. Don't miss the opportunity to make this versatile and beautifully presented villa yours.

Property History for 2/2 Cranswick Ct, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$670,000
30 Oct 2024
Listed for Rent
$680/w
02 Feb 2021
  • 30 Oct 2024
    Sold for $670,000
  • 24 Sep 2024
    Listed for Sale Offers Over $645,000
  • 04 Jan 2021
    Listed for Rent $680 / 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 3,092 properties. Over the last 5 years, Houses in Lenah Valley have seen a 32.04% increase in median value, while Units have seen a 27.06% increase. As at 30 November 2024:

  • The median value for Houses in Lenah Valley is $729,404 while the median value for Units is $530,710.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 1 property listed for rent in Lenah valley on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Lenah valley.

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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.