OFF MARKET

3/5 Castlereagh Court
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 112m2
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Property Details for 3/5 Castlereagh Ct, Lenah Valley

3/5 Castlereagh Ct, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 112m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1977
Floor Size
97m2
Land Size
112m2
Local Government
Hobart
Lot/Plan
3/58949

Last Listing description (March 2020)

Found in a highly-desirable corner of Lenah Valley, adjacent to the Wellington Park nature reserve, this top story two-bedroom apartment benefits from an uninterrupted panoramic outlook of Mount Wellington and the Derwent River. Entering the property is made easy by minimal steps and once past the front door you are drawn to the large open plan living area - comprising kitchen, dining space and lounge room, and all featuring private elevated views. A further benefit to the living area is an undercover entertainment deck that is north facing and accessible by a sliding glass door. This home features two large bedrooms, both with built-in wardrobes and leafy bushland views, and each are serviced by a central bathroom. Recently renovated the sleek-white bathroom features custom cabinetry with stone vanity bench top and also incorporates a European-style laundry. A separate toilet is a further convenience. Located a short 10-minute drive from the Hobart CBD and moments from schools, shops and services, this low-maintenance property would make the ideal home or high-performance investment, and will command strong appeal in the current market. • Spacious, light filled open plan living• Seamless indoor-outdoor entertaining• Large bedrooms with built-in robes• Beautifully appointed family bathroom• Space saving European-style laundry • Low-maintenance grounds and carport• Positioned at the end of a quiet cul-de-sac• Close to great local cafes, shops & schools• Approx. 5km commute to the Hobart CBDConstruction: Brick Built: 1977Heating: ElectricCouncil Rates: Approx. $1,300 paWater Rates: Approx. $900 pa Rental Rate: Approx. Approx. $400 pwBody Corp: Approx $900 pa

Property History for 3/5 Castlereagh Ct, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$380,000
04 Feb 2020
Listed for Rent
$240/w
15 May 2013
  • 04 Feb 2020
    Sold for $380,000
  • 24 Jan 2020
    Listed for Sale Offers over $345,000
  • 28 Mar 2013
    Listed for Rent - Price not available
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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.