4/18 Wallace AvenueLenah Valley TAS 7008
Property Details for 4/18 Wallace Ave, Lenah Valley
4/18 Wallace Ave, Lenah Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 135m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (July 2022)
A perfectly nestled unit in the sought-after suburb of Lenah Valley has become available for an easy-living low-maintenance, convenient lifestyle, or an investor. Originally 2 bedrooms, this property has been cleverly converted to open up the living area, however, can easily be transformed back if needed.
Positioned in a four-dwelling complex, this quiet conjoined unit enjoys privacy in a location close to cafes, hairdressers, shops, parks, and transport. The living space is open plan with lounge, dining, study/office space, and kitchen with breakfast bar offering a feel of spaciousness along with practicality to arrive home to.
The bedroom has built-ins with a good amount of shelving, the bathroom is generous and includes a bath. A large space located beneath the unit suggests there is further scope to develop an added living space if needed.
A courtyard with a small garden is the perfect area to enjoy outdoor privacy while listening to the abundant surrounding birdlife. This is a wonderful opportunity to secure a solid brick property backing onto the Rangeview Crescent Reserve, along with off-street parking for one car.
The unit is currently tenanted until April 2022 for $315 per week.
- Quiet no through road in the sought-after area of Lenah Valley
- Backs onto nature reserve
- Walking proximity to cafes, shops, parks, and transport
- Easy living, low-maintenance unit
- Open plan living
- Private courtyard
- Renovated with scope for further development underneath
- No body corporate fees
- Off-street parking
Property History for 4/18 Wallace Ave, Lenah Valley, TAS 7008
- 06 Jul 2022Listed for Sale Sold
- 02 Feb 2022Listed for Sale Sold
- 30 Nov 2021Sold for $401,500
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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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