3/69 Giblin StreetLenah Valley TAS 7008
Property Details for 3/69 Giblin St, Lenah Valley
3/69 Giblin St, Lenah Valley is a 2 bedroom, 1 bathroom House and was built in 1977. The property has a land size of 231m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Lenah Valley in the last 12 months.
Last Listing description (May 2024)
Located on a private, internal block, this conjoined unit has been recently renovated, making this the ideal property for downsizers, first home buyers or investors.
Being of double brick construction, with only one conjoined neighbour, the unit is extremely quiet and private, whilst being located in one of Hobarts best city fringe suburbs.
The property features open plan living, underpinned by a sleek new kitchen, including Euro appliances, stone benchtops and a lovely, stacked stone splashback. Floating timber floors and quality blinds adorn the living spaces, with quality carpets warming each of the bedrooms. Both bedrooms are generous in size and have built in wardrobes.
The generous, secure back yard provides loads of room for play and entertainment, the body corporate is inactive, so pets are fine. There is one formally allocated car park, however the front driveway has enough space for two.
Investors will also be impressed by the combination of strong yield potential (4.5%+) and capital growth (+104% growth in past 10 years)*. The property has been most recently tenanted privately at $500 per week but will be available to the new owners as vacant possession.
Lenah Valley is a city fringe suburb of Hobart, situated in the foothills of Mount Wellington, 5 - 10 minutes north of the CBD, between Mount Stuart, New Town and the City of Glenorchy.
The main arterial thoroughfares are Augusta Road, Creek Road, Lenah Valley Road and Girrabong Road. Lenah Valley Primary School and Immaculate Heart of Mary Primary School service the area, whilst local businesses include Calvary Hospital and Pura Milk. A growing cafe and shopping strip is located a mere 5 minutes' walk away, on Augusta Road.
John Turnbull Park is the main recreational area, with another bushland reserve at Ancanthe Park, home of the Lady Franklin Gallery.
? Chefs' kitchen inc. Euro appliances and stone benchtops
? Generous carpeted bedrooms with built in robes
? Renovated bathroom, fully tiled, with designer bath and walk in shower
? Large, fully secured, flat yard, perfect for kids and pets
? Strong capital growth combined with high yield potential*
? 10 minutes' drive into the city and 5 minutes' walk from Lenah Valley Village
* Core Logic Lenah Valley units statistics Feb 2024
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 3/69 Giblin St, Lenah Valley, TAS 7008
- 04 Apr 2024Sold for $530,000
- 14 Feb 2024Listed for Sale Not Disclosed
- 11 Apr 2018Sold for $420,000
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0About 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.
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