SOLD
Sold on 14 Nov 2023 for $840,000

23 Ruth Drive
Lenah Valley TAS 7008

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 159m2
Land area: 738m2
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Property Details for 23 Ruth Dr, Lenah Valley

23 Ruth Dr, Lenah Valley is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1992. The property has a land size of 738m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Lenah Valley in the last 12 months.

Building Type
House
Year Built
1992
Floor Size
159m2
Land Size
738m2
Local Government
Hobart
Lot/Plan
33/25772

Last Listing description (December 2023)

This well located, two storey home has been beautifully renovated and boasts a flexible floor plan, perfect for the growing family. Mesmerising views across the city scape and River Derwent are availed from most of the light filled rooms, but best enjoyed from the generous, glass balustrade secured, entertaining deck.
Upstairs boasts an impressive open plan living floorplan, providing views from every vantage point, and access to the deck. The contemporary chefs kitchen contains quality Westinghouse appliances, a large pantry and gorgeous stone benchtops. A wonderfully spacious master bedroom features a walk-in robe that connects to the sleek, modern main bathroom, cleverly creating an ensuite element to the space. A second carpeted bedroom and a practical laundry complete the top floor.
Downstairs is set up perfectly for a teenager or guest retreat, incorporating a bedroom, modernised ensuite and 2nd living space. The living space here is also signed off as a bedroom, providing additional flexibility for the larger family. The downstairs space has external access and could easily be utilised as short term accomodation (S.T.C.A.) for those seeking a passive income.

The generous allotment is fully fenced and landscaped for ease of maintenance and care. A second smaller deck extends from the laundry, and downstairs is benefitted by a large undercover patio.
Vehicles are well catered for, with an undercover carport complemented by plenty of off-street parking.
Investors will be impressed by the combination of strong capital growth (+102% past 10 years*) and solid yield in this very bankable city fringe suburb.
This property is located just minutes from the Lenah Valley shopping precinct, schools and Calvary Hospital, whilst the famous North Hobart restaurant strip is just a 7-minute drive. The Hobart CBD can be reached in just over 10 minutes, making this delightful family home just so convenient to everything.

? Mesmerising views across Hobart and the River Derwent
? Recently renovated. Stunning modern bathrooms.
? Open plan living spaces with access to entertaining deck
? Downstairs perfect for teenager or guest retreat
? Landscaped, fully fenced grounds with undercover carport

Council Rates: $2,200 (Approx p.a.)
Water Rates: $1,000 (Approx p.a.)
* Core Logic Lenah Valley House statistics Oct 2023

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 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 23 Ruth Dr, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$840,000
14 Nov 2023
  • 14 Nov 2023
    Sold for $840,000
  • 08 May 2023
    Listed for Sale Offers Over $895,000
  • 23 Sep 2011
    Sold for $415,000
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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 13 properties listed for sale, and 2 properties listed for rent in Lenah valley on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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Mark Weaver
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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.