OFF MARKET

3/18 Wallace Avenue
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 61m2
Land area: 135m2
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Last updated 11 Nov 2024
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Property Details for 3/18 Wallace Ave, Lenah Valley

3/18 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1977. The property has a land size of 135m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1977
Floor Size
61m2
Land Size
135m2
Local Government
Hobart
Lot/Plan
3/58845

Last Listing description (July 2012)

AFFORDABLE HOME OR INVESTMENT
An excellent opportunity to purchase this two bedroom unit in a quiet location close to all services enjoying a good outlook with extensive views. Situated in a good complex of four units, accommodation includes open plan lounge and dining, kitchen with breakfast bar, two bedrooms both with built ins, large bathroom and separate toilet. A large rumpus or studio is located beneath the unit offering further scope. A private courtyard with a small garden is at the entrance to the unit and good off street parking is provided. This unit has previously generated an excellent rental return and it is not often that a unit in this complex has been offered for sale. Accordingly, an early inspection of this recently listed property is encouraged.
Additional feature/s - Built-In Wardrobes.

Property History for 3/18 Wallace Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$384,500
23 Feb 2021
  • 23 Feb 2021
    Sold for $384,500
  • 02 Jul 2012
    Sold for $185,000
  • 19 Jun 2012
    Listed for Sale OFFERS OVER $190,000
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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.