3/40 Valley Street, West Hobart, TAS 7000 | Townhouse for sale | OnTheHouse
 
FOR SALE
Offers over $795,000

3/40 Valley Street
West Hobart TAS 7000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 142m2
Land area: 329m2
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Light-filled home with views across Hobart to the River Derwent

Privately tucked away in an elevated position of West Hobart, this stylish home offers a rare blend of space, sunlight and city-fringe convenience. One of only three in the complex, it is a peaceful retreat with sweeping views and easy access to Hobart's CBD. A perfect opportunity for downsizers, couples, or investors seeking a home in one of Hobart's most desirable suburbs.
The open plan design creates a warm and inviting home, comprising the well-equipped Tasmanian Oak kitchen and living spaces, with glass sliders opening onto a sun-drenched balcony to create seamless indoor/outdoor living and enjoy the ever changing vistas. A deck on the opposite side offers a low-maintenance outdoor escape, ideal for entertaining and relaxing outdoors.
The home features three generous bedrooms, all with built-in wardrobes. The upstairs bedroom is serviced by the main bathroom, two additional bedrooms downstairs share a dual-access bathroom, ideal for guests or flexible family living.
With secure garage parking and internal access, solar panels, solar hot water, panel heating, NBN connection, visitor parking, and thoughtful design throughout, this home delivers comfort and practicality.
Within easy reach of the nature trails of Knocklofty Reserve, excellent schools, Hill Street Grocer and other local shops, parks, playgrounds and the cosmopolitan North Hobart Strip just a short stroll away, this property presents an outstanding opportunity for purchasers seeking to buy into this coveted locale.

Property Details for 3/40 Valley St, West Hobart

3/40 Valley St, West Hobart is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 329m2 and floor size of 142m2. The place is currently for sale with Elders Tasmania.

Building Type
Townhouse
Year Built
1996
Floor Size
142m2
Land Size
329m2
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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 2016 was 5953 people. By 2021 the population was 6525 showing a population growth of 9.6% in the area during that time. The predominant age group in West Hobart is 20-29 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 2021, 63.40% of the homes in West Hobart were owner-occupied compared with 62.30% in 2016.

West Hobart has 2,949 properties. Over the last 5 years, Houses in West Hobart have seen a 22.38% increase in median value, while Units have seen a 25.43% increase. As at 31 October 2025:

  • The median value for Houses in West Hobart is $959,222 while the median value for Units is $686,150.
  • Houses have a median rent of $625 while Units have a median rent of $485.
There are currently 11 properties listed for sale, and 3 properties listed for rent in West hobart on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in West hobart.

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Abi Freeman
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Elders Tasmania
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