SOLD
Sold on 19 Feb 2024 for $690,000

98 Lennox Avenue
Lutana TAS 7009

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 158m2
Land area: 675m2
Sold By
Wolf Property Hobart
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Property Details for 98 Lennox Ave, Lutana

98 Lennox Ave, Lutana is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 675m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Lutana in the last 12 months.

Building Type
House
Year Built
1967
Floor Size
158m2
Land Size
675m2
Local Government
Glenorchy
Lot/Plan
11/54793

Last Listing description (March 2024)

Positioned on an elevated allotment that captures sweeping views of kunanyi/Mount Wellington, 98 Lennox Avenue is a large brick veneer home that provides a flexible floor plan, accommodating to all prospective purchasers.

Upon entry, buyers will be drawn to the timber and stone feature walls in the first of the living rooms, this light-filled space effortlessly leads into the arched open-plan well-appointed modern kitchen and dining area. Beyond the kitchen, a hallway accesses the large second living/ bedroom that has a private Juliet balcony that takes full advantage of the home's aspect. The opposite side of the home has two bedrooms, the main bathroom and a third bedroom/study, complete with an ensuite and access to a second larger balcony. This balcony leads you down to a separately accessed private multi-purpose room, which is complete with its own bathroom. The present owner is currently earning approximately $10,000 per annum (net) through renting this space on AirBnB.

The sizeable home offers a variety of other benefits that will be appreciated by a discerning purchaser such as: ducted gas heating; partial double glazing; honeycomb blinds; solar panels located on the North side of the roof; a large, fully fenced backyard, with multiple entertaining areas; a separate laundry; copious under house storage; and is directly adjacent to the Lutana Woodlands Reserve.

Located only 10 minutes from the CBD, 5 minutes from Moonah's shopping strip, directly adjacent Metro bus stop and in close proximity to a number of local schools and amenities this is a prime opportunity to buy in the rapidly popularising suburb of Lutana.

Property History for 98 Lennox Ave, Lutana, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$690,000
19 Feb 2024
  • 19 Feb 2024
    Sold for $690,000
  • 31 Jan 2024
    Listed for Sale $675,000+
  • 16 Jan 2018
    Sold for $446,000
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About Lutana 7009

The size of Lutana is approximately 2.1 square kilometres. It has 4 parks covering nearly 9.3% of total area. The population of Lutana in 2011 was 2,384 people. By 2016 the population was 2,365 showing a population decline of 0.8% in the area during that time. The predominant age group in Lutana is 30-39 years. Households in Lutana are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lutana work in a professional occupation. In 2011, 64.9% of the homes in Lutana were owner-occupied compared with 62.6% in 2016.

Lutana has 1,240 properties. Over the last 5 years, Houses in Lutana have seen a 44.78% increase in median value, while Units have seen a 48.76% increase. As at 31 August 2024:

  • The median value for Houses in Lutana is $574,701 while the median value for Units is $474,299.
  • Houses have a median rent of $528 while Units have a median rent of $423.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Lutana on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lutana.

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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.