OFF MARKET

5 Olive Grove
Lenah Valley TAS 7008

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 157m2
Land area: 1264m2
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Property Details for 5 Olive Gr, Lenah Valley

5 Olive Gr, Lenah Valley is a 4 bedroom, 2 bathroom House and was built in 2009. The property has a land size of 1264m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
House
Year Built
2009
Floor Size
157m2
Land Size
1264m2
Local Government
Hobart
Lot/Plan
5/148271

Last Listing description (November 2024)

This gorgeous home is situated atop the ever popular suburb of Lenah Valley. The property boasts of a spacious floor plan spanned across two levels offering ample space and comfort.

You are greeted with two good size bedrooms and one bathroom downstairs and on the second level you find a large open plan kitchen, dining and lounge area. The kitchen has ample space for the avid cooks in the home with a large double oven and large fridge. The space is heated by a reverse cycle air conditioner. From the lounge area you step out onto a large deck that wraps across the front of the house where you can enjoy the beautiful views of Mount Wellington.

With the master bedroom offering a walk in wardrobe the property has plenty of storage. The main bathroom featuring a large bath and separate shower.

*The property does come with some furnishings.
*Pets are considered
*Property has solar panels which assist with power costs

Please enquire with your interest to find out more and to be kept up to date with open home times and changes.

Property History for 5 Olive Gr, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$115,000
10 Mar 2007
Listed for Rent
$750/w
28 Mar 2023
  • 04 Oct 2024
    Listed for Rent $690 / week
  • 03 Mar 2023
    Listed for Rent $750 / week
  • 10 Mar 2007
    Sold for $115,000

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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, 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.