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RECENT ADVICE
Sold on 08 Sep 2024 for $540,000

2/62 Ruth Drive
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 254m2
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Fall Real Estate
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Property Details for 2/62 Ruth Dr, Lenah Valley

2/62 Ruth Dr, Lenah Valley is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1994. The property has a land size of 254m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Lenah Valley in the last 12 months.

Building Type
House
Year Built
1994
Floor Size
92m2
Land Size
254m2
Local Government
Hobart
Lot/Plan
2/114341

Last Listing description (October 2024)

Beautifully designed low maintenance two-bedroom, one-bathroom unit with stunning views of kunani/ Mt Wellington. The home is superbly built and stands as a testament to enduring craftsmanship, providing a very secure home and reliable foundation for your next chapter. Whether you're a first-time buyer, downsizer, or investor, this property offers an ideal balance of practicality and potential.

Inside, the layout is thoughtfully arranged to maximize space, light and functionality. The two bedrooms are well-proportioned with built in robes and large windows, while the bathroom is both functional and accessible. The open plan living area provides a large welcoming space to relax or entertain, and the stunning views of kunani/Mount Wellington create a calming backdrop to your everyday life. The home is well serviced with solar panels and heat pump hot water system, reducing your ongoing costs.

The fully fenced yard is perfect for kids or pets and includes a carport. The courtyard is perfect for entertaining and is surrounded by beautiful low maintenance gardens adding to your privacy.

Situated in the sought-after Lenah Valley neighbourhood, this unit benefits from a convenient location close to local amenities, parks, and transport options including a bus stop just outside. Moments away are highly sought after schools, both public and private, and lots of conveniences with Hill St Grocer, the Augusta Road cafes and just 10 minutes to the CBD. Whether you're looking to move in or rent out, this property offers an excellent opportunity to secure a home that's built to last in one of Hobart's most desirable suburbs.

Built: 1994
Construction: Brick
Heating: Reverse cycle heat pump.
Council Rates: Approx. $1,700

* The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 2/62 Ruth Dr, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$540,000
08 Sep 2024
  • 08 Sep 2024
    Sold for $540,000
  • 24 Aug 2024
    Listed for Sale Offers over $525,000
  • 27 Mar 1996
    Sold for $98,000
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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.