OFF MARKET

3/283 Lenah Valley Road
Lenah Valley TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 112m2
Land area: 399m2
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Property Details for 3/283 Lenah Valley Rd, Lenah Valley

3/283 Lenah Valley Rd, Lenah Valley is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1954. The property has a land size of 399m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1954
Floor Size
112m2
Land Size
399m2
Local Government
Hobart
Lot/Plan
3/111165

Last Listing description (March 2022)

This delightful character home, built in the early 1950's has been lovingly renovated and landscaped to a high standard with no expense spared and in one of the best pockets of Lenah Valley that can be immediately enjoyed. Nestled at the foot of kunanyi/Mount Wellington and adjacent to Acanthe Park, this property sits amongst the leafy and private setting of the suburb of Lenah Valley.

3/283 Lenah Valley Road is located just a few short kilometres from Hobart's CBD, within a 15 minute cycle, close to public transport and within walking distance to the caf and retail district of Augusta Road as well as being close to the bars and restaurants of North Hobart.

The home has been carefully upgraded and renovated over the years, while still maintaining the properties original character. Period features include high ceilings, polished floorboards, ornate ceiling roses and fretwork, picture rails and original mantle pieces which are offset by modern light fittings and conveniences such as USB power points. Recently repainted both internally and externally, the addition of a spacious modern bathroom and upgraded laundry, with underfloor heating and heated towel rail, requires little to be done but move straight in.

One of the original properties in Lenah Valley, the home was built on the historic apple orchard that spanned the valley in the early part of the 20th century and is steeped in the valley's history. The home is located just moments from some of Tasmania's most beautiful walking and cycling tracks, ideal for those looking to be close to nature without losing access to inner-city convenience. The historic Lady Franklin Museum, situated on Acanthe Park is a stone's throw away and is a cultural drawcard for the area.

The carefully landscaped yard has is a productive vegetable garden, featuring fruit trees and is bordered by immaculately tended lawn.

There is certainly plenty of value with this opportunity considering building and land costs, rental yield, significant planned infrastructure projects in the pipeline and with some analysts forecasting Hobart growth out to 20%+ to end of 2023.

This is a gorgeous home that offers peace and tranquility, modern convenience and a wonderful location, mere minutes to service and the CBD.

Bonuses include:

- A lovely community of home owners
- NBN fibre to the home for fast internet
- Under floor and ceiling insulation
- High end AEG appliances (including an oven with both a steam and convection function, plus a 'comfort lift' dishwasher
- Attic storage to a very large area with easy access
- Plenty of off-street parking with a wide and long level driveway
- External sensor lighting; a flat rear yard with a lovely lawn
- An entertainment deck accessible via double opening doors, with ramp access.
- Beautiful landscaping including a productive garden

Other features:

- Period features; high ceilings, picture rails & polished floorboards
- Blend of inner-city convenience and bush living
- Spacious living & dining with French doors to the back entertaining area
- Bedrooms with built-in robes
- Conveniently located close to schools, shops and transport

About Lenah Valley
The Lenah Valley newly upgraded popular Augusta Road retail and caf precinct is just down the road and has a chemist, doctors surgery, cafes, post office and many other shops. Backing onto the New Town Rivulet you can soak up the fresh air in the leafy surrounds and enjoy the many bushwalking trails on offer.

With interest rates at an all-time low and over $15 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, Hobart remains a solid city to be investing in, with the central suburbs surpassing the $1m barrier. For the seventh quarter in a row, Tasmania has taken the mantle of the best-performing economy in the nation. Demand is currently high with stock levels extremely low and we encourage you to get in quick on this opportunity.

Year Built: 1954
Construction: Weatherboard
Heating: Electric and Wood
Council Rates: Approx. $1,800
Rental Estimate: Approx. $650 - $750 p/week

Property History for 3/283 Lenah Valley Rd, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$900,000
12 Mar 2022
  • 12 Mar 2022
    Sold for $900,000
  • 07 Mar 2022
    Listed for Sale $775,000 - $815,000
  • 12 Apr 2010
    Sold for $395,000
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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.