OFF MARKET

2/40 Valley Street
West Hobart TAS 7000

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 324m2
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Property Details for 2/40 Valley St, West Hobart

2/40 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 324m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1996
Floor Size
116m2
Land Size
324m2
Local Government
Hobart
Lot/Plan
2/125589

Last Listing description (June 2023)

Occupying an elevated, light filled position this 3-bedroom townhouse offers a fantastic location and an enviable city fringe lifestyle. One of only 3 townhouses, the position is very private and has the advantage of council reserves at the back of the property and low maintenance grounds.

The townhouse has living on the upper level and much sought after level entry from the internally accessed garage. The open plan kitchen, living and dining welcome loads of welcome sunlight and appealing city and river vistas. The Tasmanian Oak kitchen is spacious and well-appointed with good work space and storage. There is a deck accessed through sliding doors which is a great spot to enjoy a quiet drink whilst admiring the views. There is a laundry and a powder room also on this level. On the lower level there are 3 very generous bedrooms all with built in robes. There is a central two-way bathroom with a bath tub, shower and vanity.


West Hobart sits just 2kms from the Hobart CBD. Surrounded by fabulous shops, restaurants, schools, and recreational facilities it is understandably one of Hobart's most enviable, sought-after suburbs while nearby North Hobart is best loved for the restaurant strip, State Cinema, and wine bars. Hill Street Grocer and recreational walks, doctor, and public transport are all close by and it is easy to appreciate the area's great appeal.

Council rates approx $2300pa
Water rates approx $1100pa + usage
Rental estimate $560pw - $590pw

*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 2/40 Valley St, West Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$637,700
15 May 2023
  • 15 May 2023
    Sold for $637,700
  • 04 May 2023
    Listed for Sale $600,000 + range
  • 13 Dec 2015
    Sold for $423,000
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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 2,945 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.
There are currently 15 properties listed for sale, and 3 properties listed for rent in West hobart on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in West hobart.

Suburb Insights for West Hobart 7000

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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.