SOLD
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Sold on 13 Feb 2024 for $623,000

55 Ruth Drive
Lenah Valley TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 85m2
Land area: 842m2
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Property Details for 55 Ruth Dr, Lenah Valley

55 Ruth Dr, Lenah Valley is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1995. The property has a land size of 842m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Lenah Valley in the last 12 months.

Building Type
House
Year Built
1995
Floor Size
85m2
Land Size
842m2

Last Listing description (February 2024)

Situated at the foothills of kunanyi/Mount Wellington, this circa 1995 built home offers an affordable entry point into the ever-popular Lenah Valley market. The home is set amongst eucalypt trees on a tiered block overlooking the valley, in a whisper quiet bush setting.

The accommodation comprises two bedrooms, a central main bathroom, separate toilet, combined kitchen and dining, and a split-level living area with timber features that bring a lovely sense of warmth to the home.

Outdoors the veranda captures morning sun and has beautiful bush and valley views, and the fully fenced and tiered yard provides usable areas for both children and pets to enjoy, as well as off street parking for several vehicles.

Located in one of Hobart's most sought-after suburbs, you are on the doorstep of countless walking tracks and hikes within Wellington Park, whilst still being only minutes to elite schools as well as New Town shops, Augusta Road village, parks, cafes, and a bus stop only metres from your doorstep.

Property History for 55 Ruth Dr, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$623,000
13 Feb 2024
  • 13 Feb 2024
    Sold for $623,000
  • 30 Jan 2024
    Listed for Sale Offers over $595,000
  • 09 Jan 2007
    Sold for $215,000
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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 3,088 properties. Over the last 5 years, Houses in Lenah Valley have seen a 39.78% increase in median value, while Units have seen a 34.20% increase. As at 31 August 2024:

  • The median value for Houses in Lenah Valley is $761,720 while the median value for Units is $550,911.
  • Houses have a median rent of $590 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, 89 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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Brad Stephens
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Elders Tasmania
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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.