OFF MARKET

43 Girrabong Road
Lenah Valley TAS 7008

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 181m2
Land area: 680m2
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Property Details for 43 Girrabong Rd, Lenah Valley

43 Girrabong Rd, Lenah Valley is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1978. The property has a land size of 680m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1978
Floor Size
181m2
Land Size
680m2
Local Government
Hobart
Lot/Plan
13/61744

Last Listing description (May 2017)

This is a large, well-built family home with five bedrooms and three bathrooms and lots of options for owner/occupiers and investors alike. Here are a few ideas:
1. Live upstairs in a fully renovated three bedroom, 2 bathroom home and let your parents or relatives have independence and privacy downstairs in a large, fully self-contained two bedroom apartment. If mobility is an issue, then stairs can be avoided in accessing both the top and the bottom levels.
2. Live upstairs and let your teenage or adult children have the run of the place downstairs where they can have full independence.

3. If you work in the arts or run your business from home, live comfortably upstairs and use downstairs as a studio, office or practice rooms.
4. Earn a second income by leasing out the bottom level for holidays or longer term stays.
5. Just enjoy the whole house yourself.
6. Invest and reap a healthy investment return. The projected weekly rent is between $580 and $640 per week in the current rental market with its very low vacancy rates. And with independent living both upstairs and downstairs, it would be great for two renting families to share the burden, each at a very reasonable rate.
There s off street parking for several cars.
The garden is lovely all year round and very easy to maintain.
The house is sound in all aspects structural, roofing, electrical and plumbing, evidenced by a recent building inspection.
And it s a very warm house with many heating options.
No money has been spared in creating this very comfortable and practical home. If this ticks lots of boxes for you and you're ready to buy, then please contact Edwards Windsor for your private inspection.

Property History for 43 Girrabong Rd, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$582,500
31 Mar 2017
  • 31 Mar 2017
    Sold for $582,500
  • 23 Mar 2017
    Listed for Sale Not Disclosed
  • 28 Dec 2016
    Listed for Sale Not Disclosed

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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.