3/8 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 75m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
This neat low maintenance brick unit is the ideal starter home or investment offering better than average returns for the area.
Being one of four only it offers an upgraded modern kitchen, upgraded bathroom, two good bedrooms both with built ins and generous very sunny living area with a nice outlook.
Extra room for guest vehicles and a low $ body corporate enhance the appeal.
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:
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