OFF MARKET

48 Creek Road
Lenah Valley TAS 7008

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 229m2
Land area: 3861m2
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Property Details for 48 Creek Rd, Lenah Valley

48 Creek Rd, Lenah Valley is a 4 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 3861m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
House
Year Built
1900
Floor Size
229m2
Land Size
3861m2
Local Government
Glenorchy
Lot/Plan
2/167140

Last Listing description (December 2011)

Valley View Estate Outstanding Subdivision & Development Opportunity
Clear instructions to sell this prime englobo land together with planning approval for a 5 stage 114 lot subdivision comprising 3 separate titles (total land area 21.71 ha), together with 3 existing residences.
With frontages to Creek Road Lenah Valley, Chaucer Road Lenah Valley and Ripley Road West Moonah this land once developed will link Lenah Valley and West Moonah.

Wide ranging lot sizes from 725m2 with a considerable number between 900 1200 m2.
This is a significant project opportunity to develop land in this precinct arguably the largest land subdivision with such close proximity to the City and Northern Suburbs of Hobart. Major suburban infrastructure nearby including shopping (Woolworths & Coles K-Mart), public transport options, schools (Primary & High Schools Private & Public), Calvary Hospital and established residential suburbs of Hobart.
The subdivision plan is attached with the website marketing further planning, stage documentation, and subdivision information for due diligence purposes, is available from the exclusive agents. Marketing strategy discussions are also most welcome. The property is for sale by immediate offer.
Please contact Joe McDevitt 0419 122 257 (in the first instance) or Adam Winger 0408 491 119 for further information.

Property History for 48 Creek Rd, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$420,000
03 Dec 2012
  • 03 Dec 2012
    Sold for $420,000
  • 12 May 2012
    Sold for $475,000
  • 04 May 2012
    Sold for $30,000
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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.