Prime Englobo Development Opportunity - 3.8ha in Hobart MunicipalityWe have been instructed by the Mortgagee to sell this prime parcel of Hobart land.An outstanding opportunity awaits the astute developer to secure a substantial 3.8-hectare englobo parcel within the sought-after Hobart municipality.Positioned adjoining previous stages of the highly regarded Parkwood Gardens subdivision, this site offers immediate development potential with council-approved plans already in place.In addition, alternative plans are currently before council, presenting a second development pathway that could deliver up to 20 generous allotments ranging in size from approximately 695m to 1,852m - catering to strong market demand for quality residential lots.The sale also includes a signed agreement between TasNetworks and the purchaser for the transfer of Lot 501, forming part of the wayleave easement.This is a rare opportunity to capitalise on an established and popular residential precinct with planning momentum already underway.For Sale by Expressions of InterestClosing Friday 27th March at 4:00pm
The size of Lenah Valley is approximately 8.4 square kilometres. There are 10 parks, covering nearly 3.3% of the total area. The population of Lenah Valley in 2016 was 5940 people. By 2021 the population was 6522 showing a population growth of 9.8% in the area during that time. The predominant age group in Lenah Valley is 30-39 years. Households in Lenah Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lenah Valley work in a professional occupation.In 2021, 72.50% of the homes in Lenah Valley were owner-occupied compared with 74.00% in 2016.
Lenah Valley has 3,126 properties. Over the last 5 years, Houses in Lenah Valley have seen a 6.80% increase in median value, while Units have seen a 8.27% increase. As at 31 July 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.