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Sold on 11 Sep 2024 for $370,000

7 Ancanthe Avenue
Lenah Valley TAS 7008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 915m2
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Petrusma Property - Sandy Bay
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Property Details for 7 Ancanthe Ave, Lenah Valley

Building Type
Land
Land Size
915m2
Local Government
Hobart
Lot/Plan
1/175675

Last Listing description (October 2024)

Commanding river and mountain views are just some of the reasons why you will love this prestigious area of Lenah Valley. This 915m2 corner parcel of land offers a rare opportunity to build multiple dwellings within minutes from major amenities.

Positioned in a quiet leafy street, this block is nestled amongst premium homes close to stunning natural bushland. Some of the hard work has already been completed with fencing along both boundaries and there are no large trees to be removed.

Boasting incredible elevated views to the southeast, you can see all the way to the River Derwent and the mountains beyond. In the evening, you can watch the sun go down and the twinkling lights of the surrounding neighbourhoods come on at night.

Positioned just 2.8km from Calvary Lenah Valley Hospital, 3.3km from Sacred Heart College, 3.9km from major shopping in New Town, and only 6km from Hobart's CBD, this sought after location is highly desirable for developers, investors, and homeowners alike. Land is scarce in this area and opportunities of this calibre are few and far between. Call today to avoid disappointment.

- 915m2 corner block
- Suitable for multiple dwellings (STCA)
- Build your dream home (STCA)
- Tranquil river and mountain views
- Amongst quality homes
- Highly desirable location
- No large trees to remove
- Potential to land bank for the future
- 2.8km from Calvary Lenah Valley Hospital
- Close to shops, cafes, parks and schools
- 6km from Hobart's CBD

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Property History for 7 Ancanthe Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$370,000
11 Sep 2024
  • 11 Sep 2024
    Sold for $370,000
  • 27 May 2024
    Listed for Sale Offers Over $375,000
  • 22 Oct 2018
    Sold for $280,000
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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 3,090 properties. Over the last 5 years, Houses in Lenah Valley have seen a 44.11% increase in median value, while Units have seen a 25.73% increase. As at 30 September 2024:

  • The median value for Houses in Lenah Valley is $782,114 while the median value for Units is $529,096.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Lenah valley on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Lenah valley.

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