OFF MARKET

4/12 Wallace Avenue
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 78m2
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Property Details for 4/12 Wallace Ave, Lenah Valley

4/12 Wallace Ave, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 78m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1971
Floor Size
61m2
Land Size
78m2
Local Government
Hobart
Lot/Plan
4/59354

Last Listing description (July 2021)

Set in a quiet area within Lenah Valley this light two-bedroom unit is beautifully presented and extremely low maintenance.

Close to Wallace Ave reserve playground and a short walk to the public transport.

Featuring a light and bright open plan living area, with a new kitchen, freshly painted with new blinds, carpet and light fittings.

The large bathroom has been updated with new tapware and toilet and features shower over bath, vanity, laundry taps and separate toilet.

The two bedrooms are well-sized and have built-in robes.

All the hard work has been done on this one, it's ready to move in and enjoy or rent out and reap rewards.

- Freshly painted
- New blinds and sheer curtains
- New light fittings and full electrical check
- Brand new hot water cylinder
- Updated bathroom fittings
- Built-in robes to both bedrooms
- Neutral modern decor with white and charcoal tones
- Ground floor with level access

Rates: $1100 per annum
Water: $1000 per annum
Body Corp: $1750 per annum
Estimated Rental $400 per week

Property History for 4/12 Wallace Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$399,990
23 Jun 2021
  • 23 Jun 2021
    Sold for $399,990
  • 18 Jun 2021
    Listed for Sale Offers Over $320,000
  • 07 Apr 1997
    Sold for $35,000
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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, 81 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.