1/40 Valley StreetWest Hobart TAS 7000
Property Details for 1/40 Valley St, West Hobart
1/40 Valley St, West Hobart is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 361m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Last Listing description (July 2017)
Presenting this stylish and low maintenance villa sitting on the fringes of popular West Hobart, with an elevated position the views extend toward the east capturing a wonderful outlook, including the River Derwent, Bellerive bluff and the City.
The north-easterly aspect enjoys lots of sun which floods the open plan living zones creating the perfect place to relax and unwind. A Tasmanian oak kitchen provides for a comfortable workspace with plenty of bench areas, storage including a large pantry. The spacious living area extends from the kitchen and is complete with zones for both a dining and lounging. A small balcony leads away from the living area and captures the 'up close and personal' river and city views.
The entry and hallway features a lovely timber balustrade, whilst on the same level you can access the laundry, powder room, and internal garage.
Now this property really does offer low maintenance living, the mature gardens surrounding the home are small and easy care whilst the rendered brick and colorbond roof require very little attention.
The central fringe location provides easy access to the CBD, the North Hobart strip, and locally there are convenience stores, the Hill Street Grocer, cafes and Knocklofty Reserve, all within walking distance.
This property will be ideal for those downsizing from a larger home, or the empty nester looking for a medium size home with comfortable space for visitors, whilst the investor should find the returns from a city-fridge location appealing.
Contact Ben Vance for further information or to arrange your private inspection.
Property History for 1/40 Valley St, West Hobart, TAS 7000
- 24 May 2017Sold for $452,000
- 15 May 2017Listed for Sale Best offer over $445,000
- 23 Oct 1997Sold for $126,000
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About West Hobart 7000
The size of West Hobart is approximately 3.9 square kilometres. It has 8 parks covering nearly 35.4% of total area. The population of West Hobart in 2011 was 5,800 people. By 2016 the population was 5,978 showing a population growth of 3.1% in the area during that time. The predominant age group in West Hobart is 40-49 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation. In 2011, 61.5% of the homes in West Hobart were owner-occupied compared with 62.3% in 2016.
West Hobart has 2,943 properties. Over the last 5 years, Houses in West Hobart have seen a 26.39% increase in median value, while Units have seen a 19.05% increase. As at 31 October 2024:
- The median value for Houses in West Hobart is $917,514 while the median value for Units is $630,346.
- Houses have a median rent of $593 while Units have a median rent of $470.
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