1/2 Lumeah Avenue, Lenah Valley, TAS 7008 | Property Value & History | OnTheHouse
 
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1/2 Lumeah Avenue
Lenah Valley TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
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Last updated 19 Jan 2026
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Property Details for 1/2 Lumeah Ave, Lenah Valley

1/2 Lumeah Ave, Lenah Valley is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a floor size of 106m2.

Building Type
House
Floor Size
106m2
Local Government
Hobart

Last Listing description (June 2013)

Income generating home in a popular residential area!
This recently renovated, well-lit, two storey property consists of a three bedroom home upstairs PLUS a two bedroom unit downstairs. This fantastic package is an excellent opportunity for those seeking to invest, or those seeking to enter the property market in a very popular residential area.
For the savvy investor this property represents excellent rental return on the investment - at least $580 per week.

For the first home owner this property will generate income while you reside there - helping you to pay for your first home.
Upstairs consists of 3 bedrooms with built in wardrobes, study, large kitchen and dining area, lounge room, bathroom, en-suite, laundry, balcony, indoor garden feature, and double lock up garage and storage below - with potential rental income of 350 per week.
The unit downstairs consists of 2 bedrooms with built in wardrobes, bathroom, laundry, open plan kitchen, dining and living area with off-street parking - currently tenanted - with a rental income of 230 per week.
Both upstairs and downstairs have a light, fresh feel, updated with modern neutral shades on interior walls, complimented with polished floors and carpeted areas.
Overlooking spectacular, urban, bushland and mountain views, this property is positioned to receive all day sun. The property is conveniently located in a quiet cul-de-sac 15 - 20 minutes from the CBD, close to public transport and only four doors from bushland that continues all the way to Mt Wellington.
An opportunity not to be missed!
Additional feature/s - balcony/patio/terrace.

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Property History for 1/2 Lumeah Ave, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
  • 22 Jun 2013
    Listed for Sale 440000
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About Lenah Valley 7008

The size of Lenah Valley is approximately 8.4 square kilometres. It has 10 parks covering nearly 3.3% of 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 3,129 properties. Over the last 5 years, Houses in Lenah Valley have seen a 33.50% increase in median value, while Units have seen a 31.87% increase. As at 31 December 2025:

  • The median value for Houses in Lenah Valley is $851,726 while the median value for Units is $576,530.
  • Houses have a median rent of $620 while Units have a median rent of $515.
There are currently 20 properties listed for sale, and 3 properties listed for rent in Lenah valley on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Lenah valley.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.

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